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Unclear on the Concept

Today TaxMama needs to explain the purpose of the Taxpayers Advocate Service, based on  a misconception expressed in the TaxQuips Forum.  Peter says his problem is in the hands of the Taxpayers...

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Ask TaxMama Issue 550 – May Day and Homebuyer Credit Deadline

Dear Family, Well, it’s the end of April. The world somehow survived a volcano and an earthquake that left travelers stranded all over the world. It’s interesting the different ways that tavel...

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Ask TaxMama Issue 551 – Happy Mothers Day Weekend

Dear Family, This morning, as I was searching for a good Mother’s Day graphic on my site, I came across an EA Exam provider running ads using taxmama as a subdomain of his website’s name. Of course,...

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Ask TaxMama Issue 552 – Don’t Give Up

  Dear Family, As you read this, I will be on the train to San Diego for a legal hearing. My friends in the area haven’t been contacted, since I have to turn right around and return the same day. What...

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Two Things to Do

Today TaxMama wants you to look at your finances to see if you need to take action this month. Dear Family, It’s time to review your IRA Aside from all the brouhaha about converting your IRA account...

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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...

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Ask TaxMama Issue 560 – The Advocate Speaks

Dear Family, This morning I started reading the Taxpayers Advocate’s (TAS) report to Congress and completely lost track of time. Does that happen with you, too?  For me, reading is a fully absorbing...

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Expensing Accounts Payable

Today TaxMama hears from Cinda in the TaxQuips Forum with a quickie question. “I bought a company and with it came  $72,310 worth of outstanding debt.  How should I initially set this up and how would...

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Getting Free Tax Help

Today TaxMama wants to talk to you about ways to get help when you are in tax trouble, as a result f a desperate plea from a fellow named Jon. Dear Family, Reading some of the problems people bring to...

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Staff Wants Health Benefits

Today TaxMama® hears from Ann in the TaxQuips Forum, who has a very enthusiastic staff. To make a long story short: “Ann just converted her 25-year business to an S Corp. Her staff did the research and...

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