TaxMamas TaxQuips: Tax Quips

TaxMamas TaxQuips: Tax Quips


Latest Episodes

Cash Back Shopping
June 28, 2010

Today TaxMama hears from Janet in the Tax Quips Forum with an excellent question. “There are several websites out there that allow you to earn cash back when you shop on their site. Do you have to report these earnings to the IRS, considering it’s not

People to Meet
June 24, 2010

Today TaxMama hears from Pastor Derrell a new student in the EA class, who explains why he feels the need to make a living doing taxes. That brings to mind other people you’d also find interesting. So, today, let me introduce you to a few special peopl

Military Homebuyers Credit
June 23, 2010

Today TaxMama hears from Gloria in the TaxQuips Forum who needs clarification. She says “Military members have almost two more years to use the $8,000 tax rebate. They must have been stationed or deployed overseas for 90 days during 2009 (approximately)

Marriage and Money
June 22, 2010

Today TaxMama hears from Pradeep, who just got back from a wonderful, full weekend of family wedding festivities. This reminds me of all the delightful weddings coming up this summer – in the lives of all our families and friends. So let’s talk about

Less Income Taxes Due
June 21, 2010

Today TaxMama hears from Felicia who is upset. “My mother and I bought a home two years ago; but both of us lost our jobs and are on unemployment. For some reason, when she was doing her taxes with her tax lady, my mother ended up owing almost $1,000.00

Time to Refinance
June 17, 2010

Today TaxMama hears from Al Tompkins at Poynter.org . Al says, “I generally don’t get too excited about little movements in interest or mortgage rates, but they are moving into record-low territory. It could truly be worth considering refinancing if

Saving Your Homebuyer Credit
June 16, 2010

Today TaxMama hears from Kerry Tomlinson at KATU News in Portland, Oregon. Kerry tell us. “We heard from some viewers this morning about their experiences with the homebuyer tax credit. One woman says she was disqualified because she was deducting mortg

In Your Appointment Book
June 15, 2010

Today TaxMama hears from Tana from Ventura from the Independent Writers of Southern California (IWOSC) meeting. Tana says. “I had hoped to see what sort of things you actually found important to write in your calendar. I assume this is information a com

Check Copies
June 14, 2010

Today TaxMama hears from Kris from Kentucky in the TaxQuips Forum with a common rant.” My clients opened up their checking accounts (3 out of 4). They set them up without the images or cancelled checks, and their records are at best: horrible. To get th

Home Accounts
June 10, 2010

Today TaxMama hears from Ann in the TaxQuips Forum with a good question.” I wanted to ask about something you said today: “Aside from making the income and expenses easier to track and account for, if you’re ever audited, you don’t need to show IR