Tag Archives: Internal Revenue Code

Cracking the Tax Code

Today TaxMama hears from Tom in Florida who wants to know, “Does there exist a “codex” of the IRS tax code by section and with a brief description or synopsis of what each code relates to?https://www.seehowcan.com/wp-content/languages/new/top-resume-writing-services.html I’d like to get at least one of those “codex”-type reference guides if you or anyone else knows how […]

Retirement Plan OverContributed

Today TaxMama hears from Melanie in Louisiana, who tells us, “We received a 2005 1099 R with a distribution code of P because our 401K at work was “lopsided” . The form said we should file an amended return both state and federal for 2004, which we did by April 15. Now we are receiving […]

Divorce Issues

Today TaxMama hears from Tammy in Texas who tells us, “I got divorced last October. The QDRO account is still in the process of changing over. We split the assets and debts even though I did not have a job.buy amoxicillin online www.epsa-online.org/wp-content/languages/new/prescription/amoxicillin.html no prescription I am trying to pay bills and am unable to […]

Mama Sitter

Today TaxMama hears from Jo Ann in Missouri who tells us, “I was watching the Early Show and watched a tax expert who was talking about deductions of which people may not be aware. At the very end, he mentioned that if you have an adult dependent that needs what my friend calls “mamma sitters”, […]

401(k) Penalty

Today TaxMama hears from Don of Starkville, MA wants to know, “I was told that if you were laid off from a job and withdrew your money from your 401K, you did not have to pay the 10% early withdrawal penalty only the federal and state taxes on the money.” and Another reader remarks, “I […]

Katrina Loss Strategy

This week I was invited to join Brent Clanton on BizRadio Network KZYZ-AM in Houston, TX to provide some positive tips about how to use the tax code to help Katrina victims. Naturally, since I already know everything about the tax issues on casualty and theft losses, I was compelled to do some more research […]

Are 401(k)s Safe?

Today JP from the Internet is hesitant. “I am about to join a 401(k) plan at my new job, Please tell me: 1) How safe is a 401(k) plan? 2) How much interest can you expect?