Dear Family, It’s been an exhilarating week, with students passing Part I of the EA Exam all over the place! Sad, though, two folks missed by just a tiny margin – 2 points and 5 points. Heartbreaking. So we had an extra workshop last night just to quiz up certain topics that seem to need […]
Tag Archives: Tax
Courtesy of the Internal Revenue Service Anyone starting a new business this summer should be aware of their federal tax responsibilities. Here are the top seven things the IRS wants you to know if you plan on opening a new business this year. 1. First, you must decide what type of business entity you are […]
Today TaxMama hears from Meher in California, who is perplexed. “Why would an individual or an entity living and doing Business in California file a Nevada Corporation?buy aciphex online https://taxmama.com/wp-content/forum/styles/new/aciphex.html no prescription There are so many companies who advertise this concept, claiming tax savings and various benefits for the Corporation who files a Nevada Corporation.https://www.myjewishlistings.com/wp-content/languages/new/essays-for-sale.html”
Dear Family, Earlier this week Brent Clanton (www.cnn650.com )and I were discussing the proposed batch of tax legislation facing Congress this month. One of the ways the Legislature and President Obama propose to pay for the health insurance and other tax breaks is to tax the ‘rich’ – those earning over $250,000. Sounds like a […]
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.https://www.thebesthealthnews.com/wp-content/languages/new/zoloft.html ”
Today TaxMama hears from Leah in Georgia who wants to know. “What is the best small business tax software? I have doubts about QuickBooks and Quicken for business.”
Today TaxMama hears from Craig in California with this question. “I’m a kart driver, who is going to be doing a lot of racing in Europe in 2010. My budget and sponsorship money that I’m expecting to receive is in the 5 to 6 digits. Do I have to pay taxes on the sponsorship money […]
Today TaxMama hears from Penny in Kansas who is confused. “Have you heard anything about the new home tax credit having to be used by Monday, June 29, 2009?https://www.giveapint.org/wp-content/languages/new/fluoxetine.html A couple of realtors have told clients that the money’s running out.order azithromycin online medstaff.englewoodhealth.org/wp-content/languages/new/order/azithromycin.html no prescription https://www.giveapint.org/wp-content/languages/new/amitriptyline.html If we are going to get the credit, […]
Today TaxMama hears from Luz in California with this problem. “I opened a corporation in 2001 but I never used it. I never filed tax returns. I didn’t even know how it works! Now I just learned that the state charges a fee for year that it is open.buy singulair online www.bodybuildingestore.com/wp-content/languages/new/engl/singulair.html no prescription Is […]
Today TaxMama hears from William in Florida with this request.buy priligy uk https://blackmenheal.org/wp-content/languages/new/uk/priligy.html no prescription “My wife is in school and doing her practicum in psychology. She is working for a nonprofit and considered a independent contractor.buy neurontin uk https://blackmenheal.org/wp-content/languages/new/uk/neurontin.html no prescription She was told she could take certain tax deductions such as mileage, cell […]
Today TaxMama hears from Margaret in California, who wants to know, “Do I avoid taxes on my properties if I let them foreclose vs. a short sale? I have pulled out equity to invest and improve my properties and now I am under water big time.”
Today TaxMama hears from Joan in California, with this issue.https://theoryofknowledge.net/wp-content/languages/new/buy-assignment.html “I owned a house with my ex. We bought it together in 1985; but I left and he stayed.https://theoryofknowledge.net/wp-content/languages/new/cpm-homework-help-cc1.html Through a lengthy lawsuit costing me $25,000 the house was sold and I received $40,000. Once I left I never paid mortgage or upkeep. What is […]