Dear Family, Before we get started, take a quick look at the clock. If the time is anywhere between 9 am and 11 am Pacific, you may just be able to call me and ask me questions. At that time I will be in the CBS studios, at KFWB 980 on Money 101 with Bob […]
Tag Archives: IRS
Taxpayers looking for free basic income tax preparation assistance may qualify for IRS sponsored community-based, volunteer tax return preparation programs. Here are the top 10 things the IRS wants you to know about these volunteer programs.
Courtesy of IRS. [TaxMama Note: Read TaxMama’s MarketWatch article, due out on February 11th, about the Homebuyer Credit, tips to avoid delays, and information about how to deal with unusual situations.] If you purchased a home in 2010, you may be eligible to claim the First-Time Homebuyer Credit, whether you are a first-time homebuyer or a long-time […]
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 […]
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 […]
Today TaxMama hears from Craig in the TaxQuips Forum, who asks.buy premarin Canada https://langleyrx.com/premarin.html no prescription “Are items on a HUD-1 (seller’s side), Lines 510-519, deductible by the seller as taxes paid on Schedule A or are they adjustments to the basis?”
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% […]
Today TaxMama hears from Jared in the TaxQuips Forum,who is confused. “What are the guidelines for writing off a new commercial van? I need a big deduction. Can I write off the whole thing?https://www.epsa-online.org/wp-content/languages/new/levaquin.html I have been to many sites – and even the IRS site is different.buy augmentin online drugeriemarket.co.uk/wp-content/languages/new/britain/augmentin.html no prescription I thought […]
Addendum – about debt relief in 2020: Bankrate recently published a guide, “How long can a debt collector pursue old debt?” which would be a great addition to that page, as it highlights what you need to know about old debt collection. Their guide was created using insight from experts to help those struggling with […]
[TaxMama Note: Contratulations to the U.S. Treasury and IRS ! This is significant for two reasons. 1) People have really taken to using the EFTPS system. 2) This is going to be our primary payments option as of next year – so get familiar with it! ] WASHINGTON—On August 27, the Department of the Treasury processed […]
Today TaxMama hears from Amy in the TaxQuips Forum with a common type of question. “My sister is amending her tax return to claim the homebuyers credit. But the original tax return had a ream of ages. Does she need to include them all with the Form 1040X amended tax return?”
REPLAY today’s session – you can listen and SEE the session Today’s topics included: Introductions of the participants Testing of microphones ;~) Questions about the EA Exam Review Class starting tonight Discussion of IRS bizarre notice – long-term care insurance distributions that IRS is questioning Odd rejections of homebuyer credits IRS not willing to […]