Tag Archives: IRS

The Dreaded IRS Audit Notice

While we’re waiting for the TaxQuips Forum to go back up, today TaxMama® wants to discuss what to do when you get an IRS audit notice.buy lasix online cpff.ca/wp-content/languages/new/mg/lasix.html no prescription

IRS Steps up Quickly to Help Hurricane Sandy Victims

Last week, before Commissioner Doug Shulman left, he made sure that the IRS was in  position to cut red-tape and make life easier for Hurricane Sandy victims. Tax Relief for Victims of Hurricane Sandy in Connecticut, New Jersey and New York Victims of Hurricane Sandy that began on Oct. 27 in parts of Connecticut, New […]

Corps and 1099s

Today TaxMama® hears from Bill in the TaxQuips Forum.  Bill insists that for payments made in 2012, we do not have to send 1099s to corporations. TaxMama says, she just read that corporations DO get 1099’d. Who is correct?

Laptop for College

Today TaxMama® hears from Jenni in the TaxQuips Forum who has an amazing job. “I took a job at a university that offers free tuition for my family. The American Opportunity Credit can be used for tuition, books, fees and required materials. We have used the credit for books, fees and a laptop, which is […]

Visit IRS.gov this Summer for Tax Help

Courtesy of the Internal Revenue Service Get answers to tax questions, download federal tax forms or publications or check on a charity at the IRS website – IRS.gov. The site offers free online tax support, 24 hours a day, seven days a week. Here are six reasons to visit IRS.gov this summer.

Wages Garnished

Today TaxMama® hears from Vivian in the TaxQuips Forum, with a big problem. “I just received notice today of my wages being garnished. I will be left with only $750 per month to pay all my expenses (which total approximately $1,500 at minimum per month). What can I do to negotiate that amount due to […]

Stakeholder Meeting Topics covered – Collections, Tax Assistance Counter, ITINs and more

Report from IRS Stakeholder Meeting – Los Angeles, June 28, 2012   Stakeholder Meeting Topics covered – Collections, Tax Assistance Counter, ITINs and more

IRS Notice is Partially Correct

Today TaxMama® hears from Melody in the TaxQuips Forum with an IRS notice. “If we agree partially to the CP 2000 proposed changes, how should we include any payment? The IRS proposed amount is terribly wrong. We want to pay an adequate amount to cover the adjustment. Is there a calculator for this type of […]

Income Not Reported

Today TaxMama® hears from Ninja in the TaxQuips Forum who got an IRS notice. Since her problem is universal, let me generalize her situation.  “This is the time of year IRS starts sending out the CP2000 notices. These letters are computer-generated. The IRS computer compares your income to the information it has received from W-2s, […]

EIC Credit and Nonresidents

[Note: This answer is totally incorrect. See the comments below the answer.] Today TaxMama® hears from Reginald in the TaxQuips Forum who has this question.  “Is the Earned Income Credit available to a US citizen couple, married filing a joint return, who live out of the country? They do have qualifying children. The only reference […]

How Old is Too Old?

Today TaxMama® hears from Saroj in the TaxQuips Forum with a valid concern. “I have been doing taxes for last 20 years or so. I was thinking of taking the EA exam. But I added Financial Advising to the practice (HD Vest) and QuickBooks, also. I am 62 years old; so I don’t know how […]