Today TaxMama hears from Emilia in the TaxQuips Forum with an interesting situation. Emilia and her husband are US citizens working in Peru.https://alvitacare.com/wp-content/languages/new/wellbutrin.html Her husband is taking a temporary assignment in Mexico – and needs to prepare a Form 8802.https://alvitacare.com/wp-content/languages/new/ivermectin.html They are confused about some of the rules – and IRS does not offer clear […]
Tag Archives: Mike Emeigh
Today TaxMama hears from Ed in the TaxQuips Forum who wants to know. “Can I still deduct my expenses on a rental house which sat vacant for 2010 on Schedule E?”
Dear Family, This morning has been filled with last-minute work, finalizing articles for MarketWatch and the AccountingWeb.com blog, responding to students and clients – and messing with interface for the newsletter (I could scream!) And the time has rushed by. I need to run out for appointments, so today’s issue will be brief. We have […]
Dear Family, The morning is just zipping along. I keep checking to see if the government has come to a budget agreement yet. But, we just wrapped up the WSJ Digital Tax Show without an agreement in sight. Unfortunately, that doesn’t mean you have extra time to file your tax return. Nope. You’re still going […]
Dear Family, Happy April Fool’s Day! This morning I read a CNN story about a family with a $54,000 tax refund. The H&R Block office was apparently so surprised that they repeatedly recomputed the tax return to see if there was a mistake. There wasn’t. And this is not an April Fool’s Prank! It turns […]
Dear Family, What a shock! My publisher just sent me a note congratulating me. My book just won the Silver Medal in the Axiom Business Book Awards – Business Reference Category. WOW! I didn’t even know. Sheesh…you mean all those people who’ve been reading the book and using it – are right? It IS good? […]
Today TaxMama hears from Angela in the TaxQuips Forum, who did something clever “When my children were born I paid for a service to have their umbilical cord blood stored (stem cells). We pay a yearly storage fee (about 0), and have not been able to use our Flexible Savings Account for it in the […]