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 […]
Tag Archives: TaxMama
In honor or my recovering from the flu – which I did not want to share with you. Here is something I do want to share! . Smiling is infectious, You catch it like the flu. When someone smiled at me today, I started smiling too.
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 […]
Today TaxMama hears from Kandi in the TaxQuips Forum with a personal opportunity. (Let me paraphrase the question.) “A friend wants to loan me money from his IRA, but is afraid of having to pay all the taxes when he draws the money out. Is there a way to do this and avoid the taxes?”
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 […]
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 […]
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 […]
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 […]
In ancient Israel , it came to pass that a trader by the name of Abraham Com did take unto himself a young wife by the name of Dot. And Dot Com was a comely woman, broad of shoulder and long of leg. Indeed, she was often called Amazon Dot Com. And she said unto […]
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
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 […]
Today TaxMama hears from Scott in the TaxQuips Forum with this question. “How long would you have to keep a business vehicle to take advantage of bonus depreciation deductions? What if I sold a new business use vehicle after three years, are there penalties?