Tag Archives: TaxMama

IT Cannibals

  Five cannibals get appointed as programmers in an IT company. During the welcoming ceremony the boss says to them, “You’re all part of our team now. You can earn good money here, and you can go to the company canteen for something to eat. So don’t trouble the other employees.” The cannibals promised they […]

Read the Contract

  Today TaxMama hears from someone with an endless set of questions. “It started out as a question about a lease buyout, which turned out not to be about an equipment lease, but a landlord-tenant lease, which turned out to be about a tenant-former tenant thing, which…”  

Penalty for Late Filing

  Today TaxMama hears from Debbie in the TaxQuips Forum with this concern. “I just filed for 2009.  I am qualified for refunds from both the fed and the state.  Will I be penalized for late filing if I DO NOT owe any taxes?”  

Frequent Flyer Miles

Today TaxMama hears from Diana in the TaxQuips Forum with a question about a fun topic. “I am hearing some confusing opinions on whether or not I am supposed to claim my awarded airline miles…My husband and I have actually already received some awarded airline miles for opening credit cards this year. I would love […]

Loan Modification Tax Effect

Today TaxMama hears from Janet in the TaxQuips Forum with a quick question.buy xenical online https://jersey-hemp.com/wp-content/languages/new/xenical.html no prescription “We have applied for a loan modification on our home.  Will that have any affect when we file taxes next year?buy zovirax generic https://rxbuywithoutprescriptiononline.net/zovirax.html over the counter buy cytotec online https://jersey-hemp.com/wp-content/languages/new/cytotec.html no prescription   I’d ask the […]

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?

Unreasonable Rent

  Today TaxMama hears from David in the TaxQuips Forum with this question. “My mother has owned rental property for many years and she has a tenant in one side of a duplex that has been there about fifteen years.  My mother has always been reluctant to raise the rent on “good” tenants so this […]

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 […]

Filing in Canada

Today TaxMama hears from Todd in the TaxQuips Forum who is unsure. “I have a client who is a U.S. citizen, but has Canadian income. He is a software developer, living in Boulder, Colorado, with Canadian clients.https://firstcanadianpharm.com/wp-content/languages/new/prednisone.html Does he need to file a Canadian return in addition to a US return, or is there some […]