Tag Archives: United States

Ask TaxMama Issue 535 – Tax Season Begins

Dear Family, Please join me this morning on BlogTalkRadio as TaxMama joins Diane Young at 8:00 am PST Her show is Women and Money: Building Financial Confidence. If you can’t tune in live, you can listen later. www.blogtalkradio.com/diane-young Happy Universal Letter Writing Week! You may not remember, but before email and texting, there was an […]

The Magic Lantern

I would like to tell you a story. A few days ago I was walking on the beach and I found a magic lantern. After I rubbed it a genie appeared, thanked me for releasing and said he would grant me one wish.buy Flomax generic https://buywithoutprescriptiononlinerx.com over the counter I thought for a minute and […]

Taxpayer Protection

Today TaxMama wants to tell you about something really important and exciting. IRS’s first announcement of the year made a big splash. IRS proposes new registration, testing and continuing education of tax return preparers. What does this mean to you? And why is this exciting?

Free Electric Cars

Last week, I got a note from a CPA asking me if I knew anything about getting an electric car for free. She said one of her clients had just ordered a free golf cart-type vehicle from www.freeelectriccar.com  . And they had asked her about it after buying it – not before. So, I went […]

Tax on Inheritance

Today TaxMama hears from Joan in Minnesota, who asks. “How much money can you inherit in Minnesota without paying taxes on it? And if you do need to pay, what is the %?”

Living in the UK

Today TaxMama hears from Catherine in the United Kingdom. “I am a US citizen, employed by a UK employer and living and working in the UK where I pay taxes. I own an apartment in NY which I rent out. I report the rental income on my US tax return. Must I report my UK […]

Ask TaxMama Issue 524 – Obama at Peace

Dear Family, The news of day. You are hearing (seeing) it everywhere. President Obama was awarded the Nobel Peace prize. Wow! All anyone can talk about is ‘why’? Perhaps he will earn it someday. Perhaps President Obama really will achieve peace, somewhere. So far, he’s just in the beginning stages. Frankly, this must have come […]

General Eisenhower Warned Us

General Eisenhower Warned Us It is a matter of history that when the Supreme Commander of the Allied Forces, General Dwight Eisenhower, found the victims of the death camps he ordered all possible photographs to be taken, and for the German people from surrounding villages to be ushered through the camps and even made to […]

Ask TaxMama Issue 521 – A Sweet New Year

Dear Family, Well, we survived another deadline. Tuesday was the final filing date for corporations. We’re used to that. No problem. But IRS also made that the new filing deadline for partnerships, trusts, estates and any other pass-through entity you could imagine. Suddenly, all the entities we used to be able to do when we […]

Ask TaxMama Issue 520 – Honoring 911 Weekend

Dear Family, First a moment of silence – pray for those who died, and those who helped on 9-11. If you’re interested, there’s a memorial site to honor all those involved and to look towards the future. https://www.national911memorial.org/ DEADLINE! Remember there are filing deadlines next Tuesday, September 15th. BIG deadlines. In the past, only corporate […]

Ask TaxMama Issue 517 – Admit You’re Happy

Dear Family, This is Admit You’re Happy Month. So I challenge you to take a really honest look at your life and your day. Let’s face it, you’re in pretty good shape. You’re healthier than the next zshlob. You’ve got a roof over your head, and you’ve got enough food to keep you alive. If […]

IRS to Receive Unprecedented Amount of Information in UBS Agreement

WASHINGTON — The Internal Revenue Service and the Department of Justice today announced the successful negotiation of an agreement that will result in the IRS receiving an unprecedented amount of information on United States holders of accounts at the Swiss bank UBS. As a result of this agreement, the IRS will receive substantially all of […]