I just received my tax return for 2012 back from the IRS. Not clear why. I am confused! They are questioning how many dependents I claimed. I guess it was because of my response to the question: “List all dependents?”
Tag Archives: White House
HR 674 was passed by the House this week and sent to President Obama for signature. The AICPA is happy with this law. In a press release, Edward Karl, vice president of taxation for the American Institute of Certified Public Accountants said, “The AICPA commends Congress for recognizing that it makes sense to repeal the […]
Today TaxMama hears from Teri in California with this question. “Do you know if there is authority for relief from the 10% penalty on early distribution of IRAs due to the California wildfires?”
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 […]
Courtesy of NAEA’s E@lert www.naea.org The plan would require “consistent valuation [of property] for transfer and income tax purposes.” According to the White House, the estate and gift tax provisions would raise .https://www.thebesthealthnews.com/wp-content/languages/new/xenical.html 2 billion over ten years. Taxpayers would be obligated to report the same cost basis for inherited property for the purposes of […]
Psychiatrists say a man shouldn’t keep too much to himself. So does the IRS. (Beckie Shiles) I just finished my income tax forms. Who says you can’t get wounded by a blank? (Henny Youngman) Visiting Washington D.C., Dana wanted to see the White House for the first time. At the gate Dana asked the guard, […]
Courtesy of NAEA – National Association of Enrolled Agents President Barack Obama and his wife, Michelle, on Wednesday released their MFJ tax return. The first couple reported about $2.7 million in income for 2008, mainly from book sales. President and Mrs. Obama paid about $855,000 in federal income taxes. In a release, the first family […]
Dear Family, An odd thing happened earlier this morning when I was goofing around on Pogo.com, playing one of the solitaire games. I learned something. They have a chat function, alongside the game, which I usually ignore. This morning, it was very busy. Turns out, this woman’s husband had broken a lightbulb, while it was […]
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