Today TaxMama has been fighting the good fight for the rights of homeowners who filed for the homebuyers credit.buy tadalafil online https://healthsystems24.com/wp-content/languages/new/tadalafil.html no prescription The latest issue? When a married person files a separate tax return, how much is half the homebuyer’s credit? Is it based on half the purchase price of the house? […]
Tag Archives: tax advice
Today TaxMama hears from Mimi in the TaxQuips Forum who tells us. “My husband coaches my son’s Little League and travel basketball team. Occasionally, he buys equipment for the team’s use and hosts an after-season party, complete with pizza, cake and beverage. Some of these expenses are not reimbursed by the league. Are these deductible? How about […]
Today TaxMama hears from Shaun in the TaxQuips Forum who wants to write off his vacation. “My son and I are traveling to Florida. I have a property in Jacksonville, FL that I need to check on. Can I fly in and out of Jacksonville to take care of business? Then drive to Orlando for […]
Today TaxMama hears from Terri in the TaxQuips Forum with a question. “I am a California business. Each year we did an annual return for Federal Unemployment tax (FUTA) taxes as a reconciliation for the payments we make each quarter. We did the same annual return for CA SUI. Beginning in 2011 The State of […]
By David Stone, EA [TaxMama Note: This is the where I first read about the Tax Court case referenced in today’s TaxQuip. Thanks David! ] Every town has a crazy cat lady, with way too many cats littering her property. Neighborhood kids walk past the house and wonder if it’s haunted.http://pmilv.com/wp-content/languages/new/levitra.html Adults drive past and […]
Today TaxMama hears from Susan in the TaxQuips Forum with a fun case. “Assuming that I won’t make my son pay for it out of his allowance, for volunteering me to take care of the class snake for the summer… Can I deduct the cost of the frozen rats it eats? And what about if […]
Today TaxMama hears from SB in the TaxQuips Forum with a common problem. “As a real estate professional, I had to kick back some commissions to a buyer to close a sale. But I am getting the 1099-MISC for the full commission. Can I give the buyer a 1099-MISC for the commission I paid her? […]
Today TaxMama hears from Richard in the TaxQuips Forum who tells us.https://libertyjuice.com/wp-content/languages/new/xifaxan.html “My family is selling my father’s baseball card collection.https://libertyjuice.com/wp-content/languages/new/viagra.html We are expecting to receive approximately ,000.buy augmentin online alvitacare.com/wp-content/languages/new/where/augmentin.html no prescription If the buyer writes me a check and I deposit it into my account; then I write a check for […]
Today TaxMama hears from Tawfiq in the TaxQuips Forum with questions. “Can I deduct my qualified medical expenses with other itemized deductions if I used HSA funds to pay them? And where can I find health insurance that specifically qualifies as an HSA (Health Savings Arrangement)?
Today TaxMama hears from Alyx in the TaxQuips Forum who is creative. “If you have a wife and husband S corporation, how can you write off an 8-day Caribbean cruise as a business expense for an annual meeting?https://www.pharmalucence.com/wp-content/languages/new/sildenafil.html Is it true that if you have the meeting on one of the ports of call […]
Today TaxMama hears from Karaya in the TaxQuips Forum who is frustrated. “I have filled an Injured Spouse form 8379 because part (a huge part) of my refund was retained to pay a student loan (debt by my spouse before we were married). IRS sent me a notice that they couldn’t process the request because […]
Today TaxMama hears from Michelle in the TaxQuips Forum who wants to know.https://www.parkviewortho.com/wp-content/languages/new/prelone.html “If someone 68 years old rolls over funds from thrift plan (taxed at 20%) into a Roth IRA, will there be any additional tax due? And is there a specific length of time funds must remain in a Roth IRA before being […]