It’s TaxQuips time from TaxMama.com® Today TaxMama® wants to address some of your concerns. Dear Family, First of all, let’s start with the news you’ve been waiting to hear. The IRS e-filing system is officially open today.
Tag Archives: tax writer
14
Oct
Oct
Listen to the Podcast: Watch the Podcast (on 10/15) It’s TaxQuips time from TaxMama.com. Today TaxMama® wants talk to you about the final income filing deadline for this year’s tax returns. Dear Family, Every year we get to this point in time. Getting down to the wire. […]
14
Jun
Jun
It’s TaxQuips time from TaxMama.com® – Today TaxMama® wants to remind you about tomorrow’s due date – June 15th. Dear Family, With two topsy turvy tax years due to COVID19, it’s harder to keep track of deadlines. But, for the rest of this year, all deadlines are the same as they have been […]
*AskTaxMama Newsletter, *Tax Quips, Charities, Donations, Donor Advised Funds, IRS News, Qualified Charitable Distributions
TaxMama’s TaxQuips Giving Tuesday
01
Dec
Dec
Today is a special day, especially precious to those facing serious challenges this year – it’s Giving Tuesday.
04
Sep
Sep
Today TaxMama® wants to update you about some IRS announcements that may affect your tax life. Dear Family, The IRS is putting out Tax Tips on a daily basis, as they have for several years now. The only problem is, they seem to be recycling old news and not updating it for […]
*AskTaxMama Newsletter, *Tax Quips, IRS News, Legislation, Retirement Accounts, Retirement Planning
Proposed Tax Legislation
12
Jul
Jul
TaxMama® wants to bring some pending and potential tax legislation to your attention, today. Dear Family, On June 14th, I told you about the Taxpayer First Act that was waiting to be signed by the President. He signed that bill into law on July 1st. But there is still a lot that needs to be […]
*AskTaxMama Newsletter, *Tax Quips, Auto Expenses, Depreciation, IRS News, Mileage
2019 Mileage Rates
14
Dec
Dec
Normally, the IRS releases the next year’s mileage information by the end of October. This year, we’re feeling lucky to get it in mid-December.
*Education, *Special Reports, *Tax Quips, Amnesty, Business Expenses, Corporations, Employees, Independent Contractors, Interest Expense, IRS News, IRS Notices, Payroll, Penalties, S Corporations, Tax Education, Wages
VCSP – Employer Amnesty for Mis-Classifying Employees
07
May
May
Intro paragraph: Employers – PLEASE PAY ATTENTION NOW! You can no longer get away with treating employees as freelancers. Aside from several recent court decisions, there are too many ways for your employees to turn you in to the IRS and state authorities. After all, if the employees don’t want to pay YOUR half of the […]
10
Jul
Jul
Today TaxMama® wants to talk about sudden, unexpected events – and some tips on how to prepare for them.
*AskTaxMama Newsletter, *Tax Quips, ACA - Affordable Care Act, Health Savings Accounts/Arrangements, Immigration, IRAs, Visa
Tax Season PotPourri
02
Feb
Feb
Today TaxMama® wants to address several issues that are confusing people this year – or important for you to know.
*AskTaxMama Newsletter, *Tax Quips, Exceptions to Penalties, Penalties, RMD - Required Minimum Distributions
Reasonable Care and RMD
15
Jun
Jun
Today TaxMama® hears from Sonia in the TaxQuips Forum, who has this quickie question. “I contacted the custodian of my IRA AT 3 PM on 12/31 to request a required minimum distribution (RMD). The transaction ended up being dated 1/1. Will the 50% penalty apply? If so, how can I apply for relief?”
Today TaxMama® hears from KP in the TaxQuips Forum, with this question. “My sister-in-law received a 1099-Misc with an amount in box 6 for medical health care payments for providing care for her husband, a veteran receiving VA benefits. I know the amount is taxable to the federal government, but is it subject to social security […]