Today TaxMama hears from Ginger in San Leandro, CA, who tells us “We sold a $12,000.00 motorcycle to a friend. He was making $260.00 a month payments for 72 months. He moved to AZ and got into a wreck with the bike and the bike was totaled. Because he only paid 4 months out of […]
Tag Archives: Internal Revenue Service
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 […]
Today TaxMama hears from Manola on the TaxQuips site, who says, “I don’t get it.buy Flomax generic buywithoutprescriptiononlinerx.com over the counter Isn’t the ITIN issued so that workers without a SS# can withhold, and pay, Income and Social Security taxes?”
Today TaxMama hears from Sherrie in Salina, KS, who tells us, “I am an independent marketing executive working out of my home.buy flexeril online www.pharmalucence.com/wp-content/languages/new/generic/flexeril.html no prescription The company I work for requires a monthly purchase in order to earn commission checks. Can I claim the cost of that monthly purchase as a business expense […]
Today TaxMama hears from Marie in NY, who has a problem, “I am a self-employed educational consultant. I am issuing a 1099 to someone for the first time this year.buy propecia online blackmenheal.org/wp-content/languages/new/mg/propecia.html no prescription I see that it must be filed with the IRS by March 31, 2006.http://auneec.ateneo.edu/wp-includes/images/new/proofreading-online.html Can I do this electronically online? […]
Today TaxMama hears from the Mike in Florida, who tells us, “We received an assessment from our condo association. This assessment was to repair damage caused by hurricane Wilma when it hit Florida. Can we report this assessment as a casualty loss on our tax return? If we can, what schedules should we use to […]
Today TaxMama hears from the Humane Society with a warning about phony museum donations by hunters. The press release is below. I won’t read it to you – but I will summarize it. You’re going to see some words in the following press release that will trigger all kinds of hostility and negative reactions, no […]
Today TaxMama hears from Ed in California, who wants to know, “If I turn in my employer with the IRS form 211 will I get audited too?”
Today TaxMama hears from Gina in Canton, MI, who tells us, “12 years ago, we (8 couples) bought a condo for $280,000 at Atlantic City, NJ for investment (as a partnership). Five years after that, the price dropped to $120,000. But, last year the price bounced back to $240,000. So, our partnership decided to sell. […]
Today TaxMama hears from Larry in CT, who asks. “Suppose an employer hires an undocumented worker who presents a valid ITIN (Individual Taxpayer Identification Number). The employer withholds & reports payroll taxes for that worker using this ITIN. The Social Security Administration issues a “no match” letter to the employer containing all sorts of implicit […]
Today TaxMama hears from Noe in Texas, who wants to know. “Why should taxpayers avoid companies that prepare tax returns free of charge on the condition that the customer uses their refund as a down payment on a car or that offers them the refund as a loan like that? How they can do better?”
Today TaxMama hears from Jason in Brooklyn, NY who has a quick question.buy grifulvin online https://apwh.org/wp-content/languages/new/grifulvin.html no prescription “Over how many years do you depreciate a website?buy strattera online https://apwh.org/wp-content/languages/new/strattera.html no prescription ”