Tag Archives: Social Issues

No Notary

Today TaxMama hears from Mark from Brooklyn, who asks, “is income from a notary public considered income for the EIC (the Earned Income Credit)?buy ivermectin online pavg.net/wp-content/languages/new/where/ivermectin.html no prescription Most people I asked, said at their first instinct that, yes it is. But when I make them aware that this income is exempt from self-employed […]

Doctors Billing

Today we hear from a doctor’s wife, with a common problem, (note: I can’t find the original question, so I hope you read this reply.) “We have a couple of doctors who use my husband’s physician number to bill insurance companies and Medicare for services. When we receive the money, we pay it over to […]

Forged 2005

Today we hear from Veronica in New York who has this story.buy flagyl Canada http://healthinschools.org/wp-content/languages/new/canada/flagyl.html no prescription “I received a letter from IRS requesting $2,800 for 2005. I was married in 2005, but left my husband on September 1, 2005 and haven’t been back since.https://www.thebesthealthnews.com/wp-content/languages/new/strattera.html I filed my own separate income tax for year 2005 […]

Common Law Marriage in South Carolina

Today we hear from TR in South Carolina who’s apprehensive, “I just found out that the Common Law Marriage Law has changed in South Carolina as of January 1, 2006.buy xifaxan online pharmacohealthcare.com/wp-content/themes/twentysixteen/inc/engl/xifaxan.html no prescription We have been filing “Married” for the 2005/2006 tax seasons. Since the law has changed and requires a marriage license… […]

Military COBRA

Today we hear from Liz in Georgia who asks, “Is it true that the U.S. Military does not have to follow the 36 month COBRA rules in a divorce?https://www.natas.co.uk/dev/wp-content/languages/new/i-need-help-writing-an-essay.html My brother in law tells me that when his divorce is final, his wife will not get COBRA for 36 months – that her benefits will […]

Sick and Divorced

Today we hear from Karen in PA who tells us, “ I just got divorced. I am entitled to $40,000 of hubby’s 401(k). I’m permanently disabled and haven’t worked since 2003. I need this money for necessities, but don’t want to pay early withdrawal or tax penalties.https://www.playavistaorthodontics.com/wp-content/languages/new/clomid.html Because I’m disabled and receive a pittance from […]

Don’t List Everything

Quote: “Don’t hurry, don’t worry. You’re only here for a short visit. So be sure to stop and smell the flowers.” – Walter C. Hagen Tip: “You don’t need to list everything! The date of a degree or work history that is older than 15 years can date you and put you in danger of […]

New Rules May Impact Your Charitable Contributions

Did you make a cash contribution to your favorite charity? Have you recently spent a weekend cleaning stuff out of your garage or basement and then donated the items to a local charity? Charitable contributions can be tax deductible, but you must have the proper records to support your deduction. Due to the Pension Protection […]

Over 65 and Working

Today TaxMama hears from Mike in New York City who’s got this question. “If you’re 65 or older and still working, does it still pay to open an IRA and get insurance coverage in case of disability? I have neither.”

Parents Property Exempt

Today TaxMama hears from Vivian in California who asks. “How do I get my parents property exempted from taxes? They are both retired & on Social Security. My dad has been on disability for years.”

Getting Lives in Order

Today TaxMama hears from Don in Idaho, who’s being helpful. Don says, “I have a couple of friends who are trying to get their lives in order. They earned about $16,175.00 last year & have 3 children under age 5. I calculate they can receive $730 in Additional Child Tax Credit. Is there anyway they […]

IRS Issues Spring 2007 Statistics of Income Bulletin

WASHINGTON — The Internal Revenue Service today announced the release of the spring 2007 issue of the Statistics of Income Bulletin. Highlights include articles on high-income individual income tax returns, taxpayers reporting noncash contributions, farm proprietorship returns, qualified zone academy bonds, international boycott reports and S corporations. The article on farm proprietorship returns is the […]