Today TaxMama hears from Melissa in Texas with this question. “ I would like to sign up for my employer’s cafeteria plan for the preschool child care expenses. It will allow me to pay for about $5,000 of the child care tax free. But my son’s daycare is over $11,000 a year. Can I claim […]
Tag Archives: Social Issues
Today TaxMama hears from Marilyn in California, who tells us. “ I have a client who is a resident of Maine and receives retirement income from CA (PERS or STRS). Does he have to pay state tax on that in CA and in Maine?”
Today TaxMama wants to summarize the high points of President Obama’s Health Care speech last night.
Courtesy of the IRS COBRA subsidy recipients who later become eligible for insurance coverage should notify their former employer to avoid a penalty Individuals who have qualified and received the 65 percent subsidy for COBRA health insurance, due to involuntary termination from a prior job, should notify their former employer if they become eligible for […]
Today TaxMama hears from Anna in Oregon, who is worried.buy canada premarin online http://healthinschools.org/wp-content/languages/new/canada/premarin.html no prescription “We received a letter from the IRS. My husband did not file for 2006 and 2007 because he did not make any money from his stock. I did file mine though. In 2008, my husband had a stroke, he […]
Today TaxMama hears from Mike in New Jersey with this question.https://biuinternational.com/wp-content/languages/new/online-paper-writer.html “Can I deduct my son’s health Insurance premium of 0 a month that his wife and he can no longer afford to pay, on my tax return?buy generic xifaxan online blackmenheal.org/wp-content/languages/new/buygeneric/xifaxan.html no prescription https://biuinternational.com/wp-content/languages/new/write-a-white-paper.html ”
Courtesy of Spidell Publishing Inc. www.caltax.com The 2009–10 budget revision does not contain any new taxes, but includes tax accelerations that bring money in earlier, so we will likely revisit the fiscal crisis later. Here are the tax changes contained in ABX4 17 and ABX4 18. Estimated tax payments: Requires individual and corporate estimated tax […]
Recently TaxMama® was at the IRS stakeholder meeting in Downtown Los Angeles. This triannual meeting between IRS and key members of the tax professional community always results in interesting experiences. One of the tidbits I’d like to share is about the special COBRA benefit in the recent tax law. You maybe aware that people who […]
Many parents who work or are looking for work must arrange for care of their children under 13 years of age during the school vacation.https://www.richereducation.co.uk/wp-content/languages/new/finance-homework-help.html Here are five facts the IRS wants you to know about a tax credit available for child care expenses. The Child and Dependent Care Credit is available for expenses incurred […]
Courtesy of the Internal Revenue Service June 04, 2009 For many businesses, summer traditionally brings an influx of part time or seasonal workers into the work force. Employers must ensure they are treating these workers properly for employment tax purposes.https://mannadew.co.uk/wp-content/languages/new/synthroid.html Generally, workers are either employees or independent contractors, based upon the facts and circumstances of […]
IR-2009-29, March 26, 2009 WASHINGTON — All or part of unemployment benefits received in 2009 will be tax free for many unemployed workers, according to the Internal Revenue Service. “This morning we learned that a record 5.6 million people were receiving unemployment benefits in the middle of March. This underscores the need for the relief […]
IR-2009-16, March 3, 2009 WASHINGTON — Unclaimed refunds totaling approximately $1.3 billion are awaiting over a million people who did not file a federal income tax return for 2005, the Internal Revenue Service announced today. However, to collect the money, a return for 2005 must be filed with the IRS no later than Wednesday, April […]