Tag Archives: USD

Tax on Canadian Pension

Today TaxMama hears from Susan in the TaxQuips Forum, who is perplexed.buy tadalafil online https://taxmama.com/wp-content/forum/styles/new/tadalafil.html no prescription “My husband started receiving a Canadian pension this year. There was $115 non-resident tax paid on the pension.  Canadian tax officials tell me that it can be claimed as a foreign tax credit.http://wuafterdark.com/wp-content/languages/new/essay-writer-online.html  I have no idea how […]

Help the US Deficit – Don’t Ever File Your 2007 Tax Return!

Video: How to Request a Copy Your Tax Return: English IRS Has $1.1 Billion for People Who Have Not Filed a 2007 Income Tax Return WASHINGTON — Refunds totaling more than $1.1 billion may be waiting for nearly 1.1 million people who did not file a federal income tax return for 2007, the Internal Revenue […]

Taxable Relocation Benefits

Today TaxMama hears from Sarah in the TaxQuips Forum, who recently moved. “In June I started a new job. The company paid for the relocation and provided an allowance for getting started. I received information from the relocation company, which broke down the payments as non-taxable and taxable. I have about ,500 in Taxable Grossed-Up […]

IRS Holds Saturday Open Houses on Feb. 26 and March 26 to Help Taxpayers

WASHINGTON — The Internal Revenue Service announced today that nearly 100 IRS offices will be open on Saturday, Feb. 26, and Saturday, March 26, to help taxpayers. The location of participating offices is listed on IRS.gov. “We are opening our doors on these Saturdays to help taxpayers who may not have a chance to seek […]

The Girl and the Carpenter

Today TaxMama hears from Gabrielle in the TaxQuips Forum, who is trying to help.buy stromectol online https://nouvita.co.uk/wp-content/languages/new/stromectol.html no prescription “My boyfriend is a carpenter and makes about $12,000 annually.  He doesn’t have anyone working under him and really only does small jobs. Last time I did his taxes, he owed $1,700 dollars.  What forms should […]

A Twist On Using Credit Cards

Lots of people come to me, swearing they will never touch a credit card again, because they are so frustrated with the trouble they’re in. But credit cards don’t really need to be a problem. They can be quite an asset if used cleverly. With the holidays coming up, that’s a really dangerous time for […]

CCH Identifies 10 Deductions That Make It Easy to Reduce Your Taxes

Courtesy of CCH – they write some of THE best material! (RIVERWOODS, ILL., February 17, 2011) – Whether you itemize or take the standard deduction, there are plenty of above-the-line deductions that can mean even greater tax savings, according to CCH, a Wolters Kluwer business and the leading global provider of tax, accounting and audit […]

Commuting Reimbursement

Today TaxMama hears from John in the TaxQuips Forum, who just got a promotion.buy lipitor generic https://rxbuywithoutprescriptiononline.com/lipitor.html over the counter “ I get a monthly salary as well as a $400 travel allowance.  I live across the border in another state and have a 60 mile round trip as well as tolls.https://www.natas.co.uk/dev/wp-content/languages/new/write-essay-for-money.html   My employer thought […]

Just in time for Valentine’s Day – Taxes for Partners!

Partners’ Filing Status Varies Federal to State, and State to State Courtesy of CCH – This article is SO important for all domestic partners to read! (RIVERWOODS, ILL., February 11, 2011) – Whether opposite-sex or same-sex marriage, civil union or domestic partnership, your relationship can have tax consequences, according to CCH, a Wolters Kluwer business […]

Deducting Wedding Expenses

Today TaxMama hears from Rick in the TaxQuips Forum, with two questions. “1) I got married in 2010 and had over $25,000 in wedding expenses. Is any of this tax deductible? 2) I purchased a used car in 2010 and paid 0 in taxes.https://www.topsedu.xyz/wp-content/languages/new/finance-homework-help.html Is any of this deductible?”

News Flash – IRS Amnesty on Offshore Accounts

Second Special Voluntary Disclosure Initiative Opens; Those Hiding Assets Offshore Face Aug. 31 deadline  Courtesy of IRS [TaxMama note: We have been anxiously awaiting this announcement. IRS had mentioned that this was coming. This will be a huge help to people who never meant to conceal their ‘offshore’ accounts. They just didn’t realize they needed […]

Mandatory e-pay Penalty Begins – Old Penalties Being Reconsidered

 Beginning January 1, 2011, we began enforcing the mandatory e-pay penalty. (California Taxation and Revenue Code 19011.5)   Acknowledging high year-end postal volumes, we recognize that there could be delays in our receipt of payments postmarked on or before December 31st, 2010. As a result, we are reviewing accounts where the penalty was assessed and […]