TaxMama® is hearing from readers or friends about issues they are encountering as they reach the dreaded (or desired) Social Security and Medicare ages. Dear Family, While working on a client’s tax return last month, I noticed that he was

Today TaxMama® hears from Pistachios, who asks a good question. Basically, he’s a trucker and wants to know what tax entity to use for his new LLC. Dear Family, Let’s just clear up some myths about LLCs and the rush to make

Today TaxMama® wants to alert you to a tax extender bill sitting in Congress. It’s the Tax Extender and Disaster Relief Act of 2019. Dear Family, Great news! The extender bill that Congress is working on will buy us two years of

Today TaxMama® wants to toot her own horn for a change. Dear Family, We are celebrating 2019 as TaxMama’s® 20th anniversary and will be providing goodies to our members along the way, throughout the year. Twenty years ago, I set up the

Today TaxMama® says you can breathe a sigh of relief. The U.S. government will stay open. The IRS is still funded. You, your family and friends, who work for the government will be able to continue to pay your living costs. Whew! Photo by Got

Today TaxMama® says that we are flooded with questions from members. So drop by the TaxQuips forum to see if someone already received an answer to one of your issues. Dear Family, Well, the U.S. Government is finally back open – if

Photo by KJGarbutt Today TaxMama® wants to give you some key information from the IRS’s mass of November and December announcements and news. Dear Family, This month, the IRS is catching up on procedures, alerts and announcements.

          Today TaxMama®finally got the 2019 mileage rates from the IRS. Dear Family, Normally, the IRS releases the next year’s mileage information by the end of October. This year, we’re feeling lucky to

Today TaxMama®wants to give you some steps to take before the end of 2018. Dear Family, This year, it’s especially difficult to figure out how to reduce your taxes. The average couple is not likely to be itemizing any more.