Today TaxMama® hears from Darlene in the TaxQuips Forum with this question. “A couple has filed married filing separately for at least 4 years. About 3 years ago he went into a nursing home. She continue to file married filing separately, preparing his return for him also. The nursing home took just about all his […]
Tag Archives: jokes
Dear Family, Well, Tax Season is all wrapped up – and many of you have hit the road. I can tell, since so many of your autoresponders are saying you’re gone for the next week or two. I don’t blame you. This year, for some reason, was particularly grueling. Some Tax Pros tell me they […]
Courtesy of the IRS The IRS has some advice for taxpayers who missed the tax filing deadline. Don’t panic but file as soon as possible.If you owe money the quicker you file your return, the less penalties and interest you will have to pay. Even if you have to mail us your return, the sooner […]
One day, while a woodcutter was cutting a branch of a tree above a river, his axe fell into the river. When he began crying, God appeared and asked him, “Why are you crying?” The woodcutter told Him that he had dropped his axe into the water.
Today TaxMama® hears from Peter in the TaxQuips Forum with this story “I have just settled an attorney malpractice litigation where a small settlement was received. The insurance company wants my Social Security Number, which I feel is not needed. My position is that I am only recovering a fraction of what the attorney was […]
Now that tax season is over (at least, phase I), today TaxMama® wants to treat you to a little fun. Until now, I’ve preyed on your fear of taxes. Today, let’s play with your fear of flying.
Today TaxMama® wants to give you a very last minute tax tip if you’re efiling your tax returns on the very last day of tax season.
Today TaxMama® wants to give you a few last minute tax tips.
Dear Family, Happy Passover. Still a couple of days left. Are you craving bread yet? Getting ready for the traditional pizza frenzy after the holiday is over. Soon. Soon. Meanwhile, get your tax questions answered – live. Call us this morning – TaxMama and Bob McCormick on his Money 101 show on KFWB Los Angeles. […]
Courtesy of IRS Keeping good records after you file your taxes is a good idea, as they will help you with documentation and substantiation if the IRS selects your return for an audit. Here are five tips from the IRS about keeping good records.
A teacher asked her class to write notes to God. Here are some of the notes the children handed in: Dear God: I didn’t think orange went with purple until I saw the sunset You made on Tuesday. That was cool!
Today TaxMama® hears from Connie in the TaxQuips Forum with this question “What is the cost basis that should be used for property that had a HUD cost of $63,000 back in 1997 when the current owner acquired it? It was recently (2011) converted to a rental property. The 2011 value of the property is […]