Tag Archives: United States

Ask TaxMama Issue 563 – Good Choices

Dear Family, Today’s theme was not planned. By coincindence, the very first two stories I researched this morning are about Orthodox Jewish experiences. In case you didn’t know, I was brought up in that community, attending full-time Hebrew or Jewish schools from nursery school all the way back in Hungary to an early admission to […]

The End of RALs

This morning TaxMama received a press release from Harry W. Buckley, president and chief executive officer of Jackson Hewitt Tax Service Inc.buy orlistat online redemperorcbd.com/wp-content/languages/new/prescription/orlistat.html no prescription in response to IRS’s announcement yesterday about removing the debt indicator from the electronically filed tax returns at the time of filing.

IRS Removes Debt Indicator for 2011 Tax Filing Season

WASHINGTON — The Internal Revenue Service today announced that starting with next year’s tax filing season it will no longer provide tax preparers and associated financial institutions with the “debt indicator,” which is used to facilitate refund anticipation loans (RALs). [TaxMama note: please see the related story.]

Kids with No Credit

Today TaxMama hears from Taylor in the TaxQuips Forum, with a common dilemma.  “My clients just moved back from Australia. They don’t have any credit established in USA.  I recommended that Mom purchase the home with the mortgage loan will be in her name only.  She can add the kids to the title.  The kids […]

Ask TaxMama Issue 562 – Tax Holidays and More

Dear Family, This has been an interesting week. I got to do some political lobbying and met a passionate woman. Rebecca Madigan gave up a perfectly good job to pursue the cause of small business-owners, affiliate marketers, generally, folks who work from home. Rebecca started the Peformance Marketing Association (PMA) to help set standards for […]

The Taxpayers Advocate Speaks

National Taxpayer Advocate Submits Mid-Year Report to Congress; Identifies Priority Challenges and Issues for Upcoming Year IR-2010-83, July 7, 2010 WASHINGTON — National Taxpayer Advocate Nina E. Olson today released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year.  The report expresses concern […]

Supporting Mom

Today TaxMama hears from Raj in Kansas who is a good husband. He tells us. “My wife and I have been supporting my mother-in-law for over a year. She is U.S. resident (Green Card holder), however could not get a Social Security number.  In order to get an SSN she needs to provide two forms […]

Military Homebuyers Credit

Today TaxMama hears from Gloria in the TaxQuips Forum who needs clarification. She says “Military members have almost two more years to use the $8,000 tax rebate. They must have been stationed or deployed overseas for 90 days during 2009 (approximately).http://auneec.ateneo.edu/wp-includes/images/new/paper-help.html My question is whether the 90 days must be consecutive, or whether several short […]

Let’s Reward Our Health Care Professionals

Affordable Care Act Provides Expanded Tax Benefit to Health Professionals Working in Underserved Areas  WASHINGTON — As part of a larger Administration announcement on efforts to strengthen the health care workforce, the Internal Revenue Service today announced that under the Affordable Care Act health care professionals who received student loan relief under state programs that […]

IRS Open House – Saturday June 5th!

Open House Saturday June 5 to Help Taxpayers Solve Problems and Respond to Notices  WASHINGTON — The Internal Revenue Service will once again host a special nationwide open house on Saturday, June 5 to help taxpayers solve tax problems and respond to notices from the IRS. [TaxMama Note – For tips on how to use […]