Tag Archives: Internal Revenue Service

Ask TaxMama Issue 586 – Happy Valentines Weekend

Dear Family, Happy Valentine’s Day weekend. Are you doing something romantic?  We sneaked off and took our romantic weekend last month. I found a winery resort in Temecula where each guest room is a separate villa. They are so popular, they’ll be adding another hundred or so this year. What’s your favorite romantic getaway?  (Just […]

People Out of Work May Be Overlooking Tax Breaks

According to a CompleteTax survey, you may be overlooking tax breaks that can save you money. When it Comes to Unemployment, Knowing What’s Taxable, What’s Not Makes a Difference (RIVERWOODS, ILL., January 27, 2011) – At the end of 2010, 14.5 million people were unemployed and many more were out of work at one time […]

Medical Massages

Today TaxMama hears from Angela in the TaxQuips Forum, who wants to do this. “I’m trying to maximize my deductions and this is the first time I’m able to use medical deductions. My husband is unemployed and has high co-pays and COBRA payments. When I was reading the IRS info on what can be deducted, […]

No Tax on Dividends?

Today TaxMama hears from John in the TaxQuips Forum, who lays out his issue.buy zovirax online www.pharmalucence.com/wp-content/languages/new/generic/zovirax.html no prescription buy canada zithromax online http://healthinschools.org/wp-content/languages/new/canada/zithromax.html no prescription (shortened) “I’m amending my 2009 Form 1040 return and have a question about the result I am getting on the Qualified Dividends and Capital Gains Tax Worksheet. Despite having […]

California FTB Audits – Guaranteed Income

TaxMama note:  The Franchise Tax Board is starting these audits of people who have been relieved of debt in one manner or another. Odds are, at least 30% – 40% of the audits will turn up errors, with taxes due. I bet that 10% – 15% will turn up errors in the taxpayers favor, where […]

Bond Income

Today TaxMama hears from Jill in the TaxQuips Forum, with this question. “In 2010, I received a check from the Oregon Department of State Lands for money on an unclaimed bond that my grandmother bought for me years ago. The Oregon State Treasury had me fill out and send a W-9 form in order to […]

Cashing Part of IRA

Today TaxMama hears from Christine in the TaxQuips Forum, who is unhappy with her investment. “I have an IRA, with 2 classes of shares of the same mutual fund.  One is doing OK; the other is leaking money like a sieve.  I’d like to use the poor one (about $2,800) to pay down or off […]

IRS2Go App for Your iPhone and Android

Courtesy of IRS   See the Video: IRS2Go:  English WASHINGTON — The Internal Revenue Service today unveiled IRS2Go, its first smartphone application that lets taxpayers check on their status of their tax refund and obtain helpful tax information. “This new smart phone app reflects our commitment to modernizing the agency and engaging taxpayers where they want when they […]

New Baby New W-4

Today TaxMama hears from Lindsay in the TaxQuips Forum, with the right question at the right time. “I need to find out how to fill out a new W-4 since I recently had a baby. I had a baby in September. I am single, with one job. Should I claim 2 on my W-4, and […]

Ask TaxMama Issue 584 – Mapping Taxes

  Dear Family,  Yesterday IRS officially announced that February 14th is when they will start processing tax returns with itemized deductions and other forms that were affected by the tax law changes on. Although IRS says that most people are unaffected by this late filing, odds are, YOU are not most people. According to Spidell […]

How to Get Your Prior Year Tax Information from the IRS

Courtesy of IRS Taxpayers who need certain prior year tax return information can obtain it from the IRS. Here are nine things to know if you need federal tax return information from a previously filed tax return.

Using the Clubhouse

Today TaxMama hears from Linda in the TaxQuips Forum with this concern.buy aciphex generic buynoprescriptiononlinerxx.com over the counter   “I have a very small business teaching classes and sometimes use a local clubhouse as a venue. Some participants pay me directly; others pay the clubhouse.buy amoxicillin generic buynoprescriptiononlinerxx.com over the counter The clubhouse keeps 10% […]