Tag Archives: United States

SBA Program Offers Recovery Capital to Stressed Small Businesses

Courtesy of the SBA If your small business is stressed meeting expenses during these tough economic times, the U.S. Small Business Administration has a new loan program that may help. SBA’s America’s Recovery Capital Loan Program can provide up to $35,000 in short-term relief for viable small businesses facing immediate financial hardship to help ride […]

Modern Day Economics – Updated

SOCIALISM You have 2 cows. You give one to your neighbor. COMMUNISM You have 2 cows. The State takes both and gives you some milk. FASCISM You have 2 cows. The State takes both and sells you some milk. NAZISM You have 2 cows. The State takes both and shoots you. BUREAUCRATISM You have 2 […]

Beware – $181 Million Payroll Tax Fraud

Don’t let this happen to you! Outsourcing payroll duties to third-party service providers can streamline business operations but remember, you are ultimately responsible for paying federal tax liabilities. Beware – $181 Million Payroll Tax Fraud Orlando, Florida – United States Attorney A. Brian Albritton announces that U.S. District Judge John Antoon, II, today sentenced Frank […]

Ask TaxMama Issue 506 – Texas Taxes Protest

Dear Family, Sheesh…running late today because I’m answering all the e-mails coming in this morning about tomorrow’s class. It looks as if I’ve found a meeting system that addresses the learning environment better than the general conference systems. We’ll be trying it out this weekend. And if you’re interested in the results, ask me and […]

Selling UK Home

Today TaxMama hears from Colin in Maryland, who tells us, “I wish to sell my house in the UK as I live in the USA permanently now. What tax implications are there? It is my sole residence, with a value approx 240.000 pounds.”

Sometimes It’s Not Depression

George Farthing, an expatriate British man living in America, was recently diagnosed as clinically depressed, tanked up on anti-depressants and scheduled for controversial Shock Therapy when doctors realised he wasn’t depressed at all – only British. ‘Not depressed, just British’ Mr Farthing, a British man whose characteristic pessimism and gloomy perspective were interpreted as serious […]

Happy Mothers Day Weekend

Dear Family, Early this morning, while working on today’s issue, I was sitting here, exchanging notes with my EA Exam instructor in Portugal, Roger B. Adams, while we finish updating the new site and the 2009 course schedule. Yes, you’re bored, we’ve been working on this for weeks. Everytime we think we’re nearly done, we […]

Happy May Day

Dear Family, Today is the first of May. For some, it’s an old holiday with roots in the return of spring, flowers, dancing and delight. For others, it’s a time of labor protest and riots. Personally, I prefer the celebration. For history buffs, you can learn more about May Day around the world by clicking […]

What Happens After I File?

Courtesy of IRS – IRS Tax Tip 2009-73 Most taxpayers have already filed their federal tax returns but may still have questions. Here’s what you need to know about refund status, recordkeeping, mistakes and what to do if you move. Refund Information You can go online to check the status of your 2008 refund 72 […]

Cross-Cultural Advertising

A disappointed cola salesman returns from his assignment in Israel. A friend asked, “Why weren’t you successful with the Israelis?” The salesman explained, “When I got posted in the Middle East, I was very confident that I would make a good sales pitch in rural areas. But I had a problem. I didn’t know how […]