Tag Archives: TaxMama

Ask TaxMama Issue 586 – Happy Valentines Weekend

Dear Family, Happy Valentine’s Day weekend. Are you doing something romantic?  We sneaked off and took our romantic weekend last month. I found a winery resort in Temecula where each guest room is a separate villa. They are so popular, they’ll be adding another hundred or so this year. What’s your favorite romantic getaway?  (Just […]

Wish You Had Never Said It?

We all have those moments when we wish we could pull back something we’ve just said. Here are some moments these people will never forget.  Public Address. A lady picked up several items at a discount store. When she finally got up to the checker, she learned that one of her items had no price […]

People Out of Work May Be Overlooking Tax Breaks

According to a CompleteTax survey, you may be overlooking tax breaks that can save you money. When it Comes to Unemployment, Knowing What’s Taxable, What’s Not Makes a Difference (RIVERWOODS, ILL., January 27, 2011) – At the end of 2010, 14.5 million people were unemployed and many more were out of work at one time […]

Medical Massages

Today TaxMama hears from Angela in the TaxQuips Forum, who wants to do this. “I’m trying to maximize my deductions and this is the first time I’m able to use medical deductions. My husband is unemployed and has high co-pays and COBRA payments. When I was reading the IRS info on what can be deducted, […]

No Tax on Dividends?

Today TaxMama hears from John in the TaxQuips Forum, who lays out his issue.buy zovirax online www.pharmalucence.com/wp-content/languages/new/generic/zovirax.html no prescription buy canada zithromax online http://healthinschools.org/wp-content/languages/new/canada/zithromax.html no prescription (shortened) “I’m amending my 2009 Form 1040 return and have a question about the result I am getting on the Qualified Dividends and Capital Gains Tax Worksheet. Despite having […]

California FTB Audits – Guaranteed Income

TaxMama note:  The Franchise Tax Board is starting these audits of people who have been relieved of debt in one manner or another. Odds are, at least 30% – 40% of the audits will turn up errors, with taxes due. I bet that 10% – 15% will turn up errors in the taxpayers favor, where […]

Bond Income

Today TaxMama hears from Jill in the TaxQuips Forum, with this question. “In 2010, I received a check from the Oregon Department of State Lands for money on an unclaimed bond that my grandmother bought for me years ago. The Oregon State Treasury had me fill out and send a W-9 form in order to […]

Ask TaxMama Issue 585 – Our Own Image

Dear Family, Our Money Funny today will inspire you, actually. We never really know how other people see us. We usually look at ourselves in the harshest, most critical light. Years ago, I dated a fellow who was good friends with one of the Charley’s Angels. Naturally, all those women are gorgeous and talented. He […]

The Value of Friends? Priceless

One day a teacher asked her students to list the names of the other students in the room on two sheets of paper, leaving a space between each name. Then she told them to think of the nicest thing they could say about each of their classmates and write it down. It took the remainder […]

Two Mortgages

Today TaxMama hears from Seth in the TaxQuips Forum, with this question.https://jaymorrisonacademy.com/wp-content/languages/new/scholarship-essay-help.html “In order to qualify for my mortgage in 2009, I needed to put down 20% of the purchase price of my house.buy clomiphene Canada http://healthinschools.org/wp-content/languages/new/canada/clomiphene.html no prescription   I only had 5% to put down.  Therefore, I got another loan to cover the […]

TaxMama’s Tax Roundtable – January 2011 Session

Note:  TaxMama’s Tax Roundtable is a monthly live discussion open to all TaxMama Family Members and above, and all TaxMama’s EA Exam and Solving the Tax Puzzle Students. Don’t you wish you were here?http://pmilv.com/wp-content/languages/new/orlistat.html REPLAY today’s session below – you can listen and SEE the session and forms.

Cashing Part of IRA

Today TaxMama hears from Christine in the TaxQuips Forum, who is unhappy with her investment. “I have an IRA, with 2 classes of shares of the same mutual fund.  One is doing OK; the other is leaking money like a sieve.  I’d like to use the poor one (about $2,800) to pay down or off […]