Tag Archives: Internal Revenue Service

Standard Office in Home Deduction Proposed

Simplifying the deduction for small businesses with an office in the home is one of SBA’s Office of Advocacy 2008 Top 10 Rules for Review and Reform. The Top 10 are drawn from over 80 rules nominated by small business owners and representatives as part of the SBA’s Regulatory Review and Reform initiative. Submitted by […]

Be Persistent (and TaxMama’s Tips about being persistent)

[play TheLadders new TV commercial. You’ll ‘Love’ it!] The key to a successful networking follow up campaign is to be persistent without the other party knowing it. If you call a networking contact and leave a message, your follow up strategy should be to call every day at different times without leaving additional messages. You […]

Misaddressed Envelope

Today TaxMama hears from Rick in Washington with this problem. “I sent my tax return off on April 15th with my payment. The envelope was returned to us because we had mistakenly put our address sticker on the front.buy bactroban online https://taxmama.com/wp-content/forum/styles/new/bactroban.html no prescription If we send this along in a new envelope, what are […]

What was Withheld

Today TaxMama hears from a Vet in Virginia, who is perplexed. “In Sept 2000, I received a severance pay from the military. For Veterans Administration purposes, I needed to know if other taxes such as Medicare, FICA and state or any other taxes may have been deducted from this money.https://gilbertroaddental.com/wp-content/languages/new/lipitor.html Looking at my 2000 tax […]

IRS Collects Child Support

Today TaxMama hears from Tina in Washington State, who has a problem. “Does the IRS track past due child support? Will IRS route the non-custodial parents arrearages to the custodial parent from tax returns and/or the economic stimulus check?”

Ameridream Come True

Today TaxMama hears from Anita in Florida, who says. “I recently sold a rental property. The buyers used a down payment assistance program called Ameridream®. The literature I received from Ameridream® says the fee that I paid as part of closing costs ‘may be able to be deducted as a selling expense’.order valtrex online medstaff.englewoodhealth.org/wp-content/languages/new/order/valtrex.html […]

IRS Balance Due

Today TaxMama hears from Lincoln in Texas, who tell us.https://www.datafactories.org/wp-content/languages/new/homework-help-cpm.html “I am paying $150 a month on 2006 taxes. Is there a way to see how much I still owe? I have tried to find an online resource to do this, but I can’t find anything. ”

Ask Taxmama Issue 457 – Polar Bears, Marriage, Disasters

Hurricane Preparedness Week

Courtesy of IRS This year Hurricane Preparedness Week is May 25 – 31, 2008. Educational activities held throughout the week can be viewed at the Hurricane Preparedness Web site. The goal of Hurricane Preparedness Week is to provide the public with information about hurricane hazards, and to provide knowledge that can be used to take […]

Tax Challenges of Business Income

Courtesy of IRS – FS-2008-20, April 2008 WASHINGTON—Internal Revenue Service research indicates that understated business income contributes significantly to the tax gap, with the majority understated by small businesses. To assist small business and self-employed taxpayers better understand their reporting obligations, this fact sheet addresses the issue of income and how to determine gross income. […]

Issuing Corrected W-2s

Today TaxMama hears from Yvonne in Utah, with this question.buy furosemide online nouvita.co.uk/wp-content/languages/new/uk/furosemide.html no prescription https://www.datafactories.org/wp-content/languages/new/essay-services.html “I work in the mortgage industry. Recently, I was provided a W2 from a customer that had the Medicare and Social Security withholdings crossed out, with the corrected amounts typed in. The business that issued the W2’s is small, […]