Tag Archives: TaxMama

Accrual Basis

Today TaxMama hears from Nunya in the TaxQuips Forum who was advised by an EA “that typically she prefers accrual, but I can’t really recall for sure or why.  She was giving a small [business] seminar.”

Capital Gains Rates

Today TaxMama hears from TW in the TaxQuips Forum who wants an update. “Does any one know how much is the tax on stocks gains and dividends earned from stock.”

Ask TaxMama 581 – Happy Holidays

Happy holidays to one all. Celebrate your beautiful traditions, enjoy your family and friends. Appreciate the miracles, like this week’s eclipse. And give yourself a few days of total bliss. Hugs from everyone at TaxMama.com®

Ask TaxMama 580 – The Votes are In

Dear Family, Join me soon. I will be visiting Gina and Kat at the Moms Making a Million Radio Show Friday 8:00 AM PT www.blogtalkradio.com/momsmakingamillion . If you missed the show, you can listen later. This is a delightful site dedicated to helping a million moms make a million dollars. Don’t you want to be […]

We Have Bush-Era Extenders

Just to get the law passed last night, the House agreed to the Senate’s version of the extender bill. But they limited the benefits for two years, giving them time to improve on the balancing act and refine the benefits. Let me give you a brief summary of things that affect your life.

The Dollar is as Old as the Hills, uh, I Mean Valleys

The Thaler (or Taler or Talir) was a silver coin used throughout Europe for almost four hundred years. Its name lives on in various currencies as the dollar or tolar. Etymologically, “Thaler” is an abbreviation of “Joachimsthaler”, a coin type from the city of Joachimsthal (Jáchymov) in Bohemia, where some of the first such coins […]

Section 179 Commercial Vehicles

Today TaxMama hears from Jared in the TaxQuips Forum,who is confused. “What are the guidelines for writing off a new commercial van?  I need a big deduction. Can I write off the whole thing?https://www.epsa-online.org/wp-content/languages/new/levaquin.html I have been to many sites – and even the IRS site is different.buy augmentin online drugeriemarket.co.uk/wp-content/languages/new/britain/augmentin.html no prescription I thought […]

Keeping up With the Times

When I bought my Blackberry I thought about the 30-year business I ran with 1800 employees, all without a cell phone that plays music, takes videos, pictures and communicates with Facebook and Twitter. I signed up under duress for Twitter and Facebook, so my seven kids, their spouses, 13 grandkids and 2 great grand kids […]

Value of Timeshare

Today TaxMama hears from Haley in the TaxQuips Forum, who is working on an Offer in Compromise. “Is there a method for obtaining a fair market value (FMV) for a Time Share property? I would hate to report the full purchase as the FMV on the 433-A, but don’t know any other way to value the […]

Renting For Filming

Today TaxMama hears from York in the TaxQuips Forum, who has found an interesting income source. “We just received our first contract for our 1916 home to be used for a commercial.https://drugeriemarket.co.uk/wp-content/languages/new/acyclovir.html The shoot lasts 3 days and we will receive $9,000 – cool! It seems that the IRS (and somewhere on your site) state […]

Getting Married Now or Later

Today TaxMama hears from Robyn in the TaxQuips Forum, who needs to make a decision. Essentially, it boils down to should my boyfriend and I get married this year or not, in order to get the best tax advantage. They have a child together – and one that is just hers. Read the details here. […]