Today TaxMama® realizes that this is the last day of January. There are some important things for you to know today.           Dear Friends and Family, Let’s start with today’s deadline – January

Today TaxMama® wishes you a Happy New Year, and brings you some basics about how the Trump Tax Plan will affect this filing season.       Dear Friends and Family, Happy 2018! 2017 ended with quite a bit of turmoil, as Congress

  Today TaxMama® hears from Bob with this question. “In order to rent my residence (house) as “unfurnished”, I had to move my furniture and other belongings to a storage facility (like Public Storage). Can I deduct the expense

    Today TaxMama® wants to talk to you about the latest con games affecting people you know – especially seniors.     Dear Friends and Family, I just heard the most frightening story. Unfortunately, it’s

  On November 2nd, the House Ways and Means Committee unveiled a sweeping tax bill, Tax Cut and Jobs Act, designed to undo many of the complexities of the Tax Reform Act of 1986. Please understand that this is not law yet. There’s still a long

Today TaxMama® wants to talk to you about the latest tax proposal from the House of Representatives. It’s a doozey! Dear Friends and Family, Last week, the House released their sweeping tax reform bill to public view. There’s a

Today TaxMama® says we are facing Hurricane Irma in Florida, dealing with the devastation of Harvey in Texas – and the biggest fire in Los Angeles history. So let’s talk about the special tax breaks available to

Today TaxMama® says that estimated tax payments are due – and that’s timely information for the “Gig” economy. http://deducteverythingbook.com/   Dear Friends and Family, Here are 15 tips for Uber, Lyft and AirBnB

Today TaxMama® wants to talk about sudden, unexpected events – and some tips on how to prepare for

Today TaxMama® hears from several people who have questions about tax returns for entities they created – but never used. This recent question from Debbie, on behalf of one her clients, is far too common.