Tag Archives: Taxation in the United States

IRS Identifies 100,000 Preparers Who Failed to Follow New PTIN Rules

WASHINGTON — As part of its new oversight program of the nation’s tax return preparation industry, the Internal Revenue Service today announced it will send letters to approximately 100,000 tax return preparers who prepared returns in 2011 but failed to follow new requirements.

IRS Nationwide “Fresh Start” Open House Set for Saturday July 16

[TaxMama note: If you are still battling IRS over your homebuyer’s credits, use this opportunity to speak to someone face-to-face to help you resolve your case and get your money released!] WASHINGTON –– The Internal Revenue Service will open the doors to dozens of its Taxpayer Assistance Centers across the country this coming Saturday, July […]

Netting Gambling Losses

  Today TaxMama hears from Linda in the TaxQuips Forum who wants to know. “How do I prove to the IRS that we can now net gambling losses against gambling winnings, per day, per gambling establishment, instead of deducting these losses on Sch A?

Did Not File 2006

Today TaxMama hears from Wyetta in the TaxQuips Forum with this problem. “I tried to make a payment arrangement with the IRS for 2010 taxes owed.buy remdesivir online blackmenheal.org/wp-content/languages/new/us/remdesivir.html no prescription The IRS told me that I have to file for 2006, before they could offer a payment arrangement. Please instruct me on how to […]

Return Changed by Preparer Prior to E-Filing

Courtesy of David & Mary Mellem, EAs A PMTA is a document that contains legal advice signed by attorneys in the National Office of the Office of Chief Counsel and issued to IRS personnel who are national program executives and managers.  They are useful for taxpayers since they explain what the rules are in certain […]

Tax Preparer Errors

Today TaxMama hears from H A in the TaxQuips Forum who is very nervous. (Let me paraphrase the question.) “Her tax preparer made significant errors in her 2010 tax return.http://klassroom.co/files/migration/new/essay-map-read-write-think.html She didn’t get to see it before he efiled it.order viagra online medstaff.englewoodhealth.org/wp-content/languages/new/order/viagra.html no prescription Now, she wants to know if she’s going to get […]

Tax Payment Strategy

Today TaxMama hears from Kathy in the TaxQuips Forum with an interesting question.https://redemperorcbd.com/wp-content/languages/new/clomiphene.html   “I thought I read somewhere that I could specify to which year’s taxes I want to apply my payments.https://redemperorcbd.com/wp-content/languages/new/amoxil.html   For example, if I owe taxes from 1996 through 1999 and then from 2006, I can apply my payments to the taxes […]

Trustworthy Tax Negotiator

Today TaxMama hears from Judy in the TaxQuips Forum who needs help.  “I am struggling to maintain my household, have four years of back taxes to file and settle and my home was just foreclosed on. I was contacted by someone claiming that they can help negotiate a reduction in tax liability and stop any […]

A Ridiculous Situation

Today TaxMama hears from MR in the TaxQuips Forum with a stupid problem.  “In the course of a personal audit, IRS made a routine request for an employer letter to verify that his education is not a minimum requirement of the job. MR’s boss at TSA is afraid to write the letter – and is […]

Tax Deductions for Scuba Diving

  Article reprinted with the permission of W. Murray Bradford, CPA   QUESTION:  I sell property and casualty insurance in Florida. I also like to scuba dive. I would like your opinion on whether or not the following is deductible. I  spent five hours with a prospect. First we went on a dive, then we […]

He Bought the Farm

Today TaxMama hears from Barb in the TaxQuips Forum with a simple question.  “The farmer is selling his farm, and everything on it, to his son for $1.  The basis of the farm and the machinery is approx $100,000 and FMV approx $510,000. How do I file their Form 4797?buy Glucophage online https://bloinfobuy.com no prescription

Bride Files Alone

Today TaxMama hears from Nancy in the TaxQuips Forum with several questions.  “I am to be married this year. I am going to file as married, filing separately (MFS).  Can I claim my husband since he is disabled and collecting social security disability? Also I understand that I cannot mix the standard deduction and itemizing on […]