Tag Archives: Tax Court

Ask TaxMama Issue 515 – Happy Tax-Free Season

Dear Family, Every summer around this time, states all over America offer special tax-free days. These are weeks or weekends when families can buy their back-to-school supplies, and certain other needed merchandise, without having to pay sales taxes. Clicking on today’s graphic will take you to the national list. Just look for your states. On […]

Another Tax Bankruptcy

Today TaxMama hears from Toni in Colorado with this problem. “We filed for bankruptcy after a foreclosure and two years of hard struggle. My husband had $48,000 in taxes for 2005. Is there a way to file ‘’tax bankruptcy’’ this far out? Our bankruptcy was discharged March 12, 2008. I’m working, my husband is not, […]

Missing Checks

Today TaxMama hears from Susan in Florida, with this issue. “If the owner of a business is able to provide bank statement, but no copies of checks, can the owner provide a written statement defining the percentage that was spent in each category? For example. 5% spent on Utilities, 30% spent on advertising, etc.”

Ask TaxMama Issue 471 – Time for Change

Release IRS Lien

Today TaxMama hears from Gina in MD who tells us. “I have a tax lien that is over 10 years old. How can I remove it from the court records? It is not attached to my home and it has been file for over 10 years.”

Ask Taxmama Issue 442 – Tax Movies

Dear Family, I can’t think of a Martin Luther Kind weekend without remembering Marvin Brown’s first ever personal day off on January 17, 1994. Do you wonder why I remember the date of my friend’s one day off? Because even on that one precious day, he couldn’t sleep in. Nature shook him awake at 4:31 […]

Trustee Theft

Today we hear from Jack in Oregon who wants to know, “If a co-trustee of a irrevocable trust converts trust assets for his own use, can the trust take a theft loss deduction on the trust tax return?”

Like-Kind Exchange Rules Do Not Apply to Vacation Homes

By David & Mary Mellem, EAs Mr. & Mrs. Moore purchased real estate (vacation home) in 1988. This property was located approximately 3 hours from their principal residence. About 1996 they changed their principal residence to another city in the opposite direction from the vacation home. Due to the longer travel to get to the […]

IRS Notice 2007-47 – Deductibility of Lodging Expenses

[TaxMama note: This looks like a really important announcement. Especially if it means what I think it means! OK, I am sitting here trying to get my head around this phrase “not incurred in traveling away from home”. And I think I have it finally figured out – but have a call in to IRS […]

The Cohan Rule

Today TaxMama hears from Roberta who says. “Some time back, you wrote about a rule of providing most but not all proofs for deductions. I think it was called something like “Irving’s rule”. Please send the correct name and where I can read about it.”

Deduct Lost Refund

Today TaxMama hears from Bruce in the Tax Parlor, asks an interesting question. “I filed 1997 taxes well past the 3-year statute of limitations to get my refund. Naturally IRS denied my request for my $8,000, saying I had filed too late. Is there any way to get IRS to release that refund? Or can […]

Firefighter-EMT Meals

Today TaxMama hears from Janice in the Tax Parlor who asks, ” I have a client who is an EMT (Emergency Medical Technician). His shifts are 24 hours at a time. Are EMT’s on 24-hour shifts eligible to deduct per diem for meals? Of course he says that his coworkers take the deduction. ” ~~~~ […]