* TAX MAMA Eva Rosenberg deals with a too-common question from taxpayers these days in her TAX QUIPS blog – “Where are your Refunds?”.
Some good information and advice from Eva (highlights are mine) –
“ . . . you’re probably thinking that you’ve done something wrong, and they are holding up YOUR refunds as a result. No, it’s not you. It’s the entire process that is facing a complex series of problems.”
And –
“Do NOT call the IRS – you’re going to waste a lot of time sitting on hold – and probably get disconnected before you even get to someone. And finally, finally, when you reach someone, they are going to say, ‘Uh…I don’t know’.
Do NOT call your tax professional. Their job ended when they either electronically filed your tax returns, or gave you the printed version so you could mail them in. NOT included in the fee is helping your sort out IRS problems – that’s your job.
Don’t call the Taxpayer Advocate Service (TAS). Unfortunately, this is not a unique situation. Millions of people are in the same position – TAS cannot help you.”
What you should do –
“Take a deep breath.
Relax
Wait!”
* In celebration of “National Lazy Day” (August 10th) Kay Bell suggested some “Easy moves to help you avoid paying the lazy tax” at DON’T MESS WITH TAXES.
What is the lazy tax –
“No, it's not an actual, government enforced levy. But it's a tax we've all paid at one time or another.
It's the extra we pay simply because we aren't in the mood — OK, too lazy — to take a small step or two that could save us money. In some cases, it could add up to major savings over the long run.”
* Jason Dinesen discusses “Selling Your Home When You’ve Taken Depreciation Deductions” at DINESEN TAX TIMES.
Jason is concerned with what happens when your self your personal residence at a gain, eligible for the exclusion, but you had a home office and claimed, or could have claimed, depreciation.
* Russ Fox explains why “Certified Mail, Return Receipt Requested, Is More Important than Ever” when sending correspondence to the IRS at TAXABLE TALK.
THE LAST WORD
A Democratic governor was forced to resign for inappropriate behavior with 11 women - as he should be..
WHY AREN'T DESPICABLE REPUBLICAN GOVERNORS FORCED TO RESIGN FOR PUTTING MILLIONS OF CHILDREN AT SERIOUS RISK?????
TTFN
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