Tag Archives: tax tips
Today TaxMama hears from Donna in the TaxQuips Forum with a good question. “Do I need to 1099 the gardener that is paid $250.00 per month?”
Today TaxMama hears from Sue in the TaxQuips Forum with a timely question. “I was wondering if LLC’s are exempt from getting a 1099 MISC form from our company?”
We have some exciting news in our TaxMama EA Exam Review Class family. Not one, but TWO of our students have been appointed to the Taxpayer Advocacy Panel (TAP). Boris Mikhail and Terri Klug are on the team, working with the Taxpayers Advocate Service to help improve the Internal Revenue Service’s interactions with taxpayers. Hip, […]
Courtesy of the IRS The Internal Revenue Service receives thousands of reports each year from taxpayers who receive suspicious emails, phone calls, faxes or notices claiming to be from the IRS. Many of these scams fraudulently use the IRS name or logo as a lure to make the communication appear more authentic and enticing. The […]
January 1, 2012 – by Barbara Waltman As 2011 came to a close, there was considerable uncertainty about specific payroll and federal income tax rules affecting small businesses and their owners. Here are the rules effective at the start of 2012.buy strattera online alvitacare.com/wp-content/languages/new/where/strattera.html no prescription Payroll tax cut extension On December […]
Let’s face it – English is a crazy language. There is no egg in eggplant or ham in hamburger; neither apple nor pine in pineapple. English muffins weren’t invented in England or French fries in France. Sweetmeats are candies while sweetbreads, which aren’t sweet, are meat. There’s no bread in breadfruit.
Today TaxMama hears from Gary in the TaxQuips Forum with a planning question. “We need advice on the logistics for purchasing a home to presently rent, with the intention of living in this home when we retire in a few years. We need more information on this topic to ensure we make wise decisions.”
Today TaxMama hears from Susan in the TaxQuips Forum with an ever more common situation. “My dad (age 88) is in a nursing home because my mom can no longer care for him. I wanted to know which nursing home expenses are considered medical expenses.”
Today TaxMama hears from Guy in the TaxQuips Forum with an interesting situation. “My wife took a part time job at the local community college campus about two miles from our house in 2010. Once every week or two she would travel to the campus at another town about 40 miles away. For this travel […]
Today TaxMama hears from Alex in the TaxQuips Forum who is confused. “I’m wondering what my refund would be if I claimed exempt status for about half of 2011.I’m a full-time student, filing as single, with a gross income of about $10,000. I tried doing some of my taxes on TurboTax, but it said my […]
Dear Family, Although this time of year is meant to be sort of slow, and laid back, so we can just enjoy the buzz from the whole year and the holidays…it’s been quite the opposite. These last couple of months have been a whirlwind – kind of a blur, actually. And there are still a […]