Mounds and mounds of papers and files are all over my desk, overflowing to the cabinet behind me, onto the couch, and taking over the floor, with even more boxes streaming into the hallway. The piles are multiplying—they’re spreading to block the front door! Do you ever have this nightmare when you think of your [...]
Tara Holloway, the IRS Special Agent in Diane Kelly’s book, Death, Taxes, and a French Manicure, fantasized about what to do with her tax refund. She noted that the $400 she was due was “enough to pay for the bikini I’d ordered and then some. Woo-hoo!” Over the years, I’ve heard lots of great ideas [...]
“I got my tax refund before you did!” Do you have friends that say that to you? Isn’t it annoying? By now, a lot of your friends have probably already gotten their refunds or have finished filing their taxes. But there are still others dragging out filing taxes, just like you. Do you want to [...]
Tax return filing season lasts for just over 9 months for individuals and around 8 months for partnerships and corporations. You would think that would be more than enough time to gather last year’s data or do last year’s books and start filing taxes. But some people find it impossible to get things done, even [...]
This article was written by guest blogger Eva Rosenberg. You’re working on filing taxes, and you’ve got a refund due to you. But you’re missing one or two key W-2s, and they just don’t seem to be coming. Are you feeling antsy? One of the most common—and frantic—questions asked of TaxMama at this time of [...]
As you may have noticed, the country is facing budget crunches on all sides. The feds are billions of dollars in the hole, while states are cutting jobs, holding up refunds, and struggling to stay solvent. No one wants to raise taxes, but the money must come from somewhere. What’s the easiest way to generate [...]
Year after year, we work with the same old business tax forms, with just the date changed on the top of the form. The IRS doesn’t generally change forms much because each time they do, confusion results when people start filing taxes. However, in 2012, two forms have in fact been changed. What follows is [...]
What the heck is a 1099-K? It’s a new tattletale form designed to help the IRS know more about your income sources when you’re filing taxes. Its targets are the many people who run online businesses, sell at swap meets, or have home-based businesses but who don’t necessarily report all their income. The 1099-K tells [...]
Have you noticed that women’s sizes in catalogs now go up to 6X? Twenty years ago, you were lucky to find clothing in size 1X. January is when we look in the mirror and resolve to be smaller by the end of the year. It’s when all the weight-loss resolutions kick in. Let’s see what [...]
