From the category archives:

ask the taxgirl

Ask the taxgirl: Stimulus Checks in 2009

28 September 2009

Taxpayer asks:
I haven’t done my taxes in 3 years, I don’t owe the Feds any$, will I get the stimulus funds every1 else got once I do my taxes? (via twitter)
Taxgirl says:
By law, the IRS is not able to make any economic stimulus payments after December 31, 2008.
But all is not lost. Assuming [...]

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Ask the taxgirl: Sleep and More

27 September 2009

Taxpayer asks:
I love your blog!
I’m a practicing attorney and also a mom, like you. I’ve been thinking about starting my own blog. After reading through your posts, I have two questions:
1) Do you sleep?
2) Do you write your own posts?
Thanks, and keep up the good work.
Taxgirl says:
*blushing* Thanks so much!
So, for your [...]

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Ask the taxgirl: Allowances for Kids

26 September 2009

Taxpayer asks:
Hi,
My husband and I have decided to open a bank account for our son. We’re going to give him an allowance every week. He gets to keep part of it and put the rest in the bank. If he saves a certain amount, he gets a bonus allowance. The point [...]

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Ask the taxgirl: School Fundraisers

17 September 2009

Taxpayer asks:
Two weeks into the school season and my son has already brought home his first fundraising catalog. They have asked each child in the class to try and sell $150 of merchandise, mostly gift wrap and cookie tins. I don’t have the time or inclination to sell this crap. Can I [...]

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Ask the taxgirl: After School Care

16 September 2009

Taxpayer asks:
My child attends public school. School ends at 3 every day, but I don’t get off of work until 5 so my child attends an after school program. Can I deduct this on my taxes? Does it matter that it’s at public school?
Taxgirl says:
You’re in luck! So long as the [...]

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Ask the taxgirl: Unpaid Internships

13 September 2009

Taxpayer asks:
Hi Kelly,
I had a tax question about unpaid internships and being able to deduct the expenses of that internship on your taxes. From all of the research I did I was unable to find anything that would allow for such a thing. It seems that without a 1099 or w-2 from the company the [...]

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Ask the taxgirl: Tax Consequences of CARS

29 August 2009

Taxpayer asks:
I heard on the radio that we will have to pay taxes on the money from the Cars for Clunkers. If so, I am really mad because nobody said we had to pay taxes on it. Is this true?
Taxgirl says:
A number of web sites and um, what’s the word, liars opportunists political [...]

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Ask the taxgirl: Oh Canada!

25 August 2009

Taxpayer asks:
I have what may be a stupid question. I read your answer about FBAR and I was wondering whether you have to report bank accounts in Canada or does this just apply overseas?
Taxgirl says:
Oh Canada. Land of moose, maple syrup and an occasionally decent hockey team…
Actually, Canada has a pretty sound economy [...]

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Ask the taxgirl: FBAR and Power of Attorney

25 August 2009

Taxpayer asks:
I was just reading about the rules for FBAR, and noticed that the IRS says that people who have Power of Attorney (POA) for elderly relatives with foreign bank accounts must submit FBAR reports if those accounts total over $10,000 at any point during the year.
As it happens, I have a POA for my [...]

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Ask the taxgirl: Foreign Accounts and FBAR

21 August 2009

Taxpayer asks:
Hi Kelly,
With all the publicity about UBS and foreign bank accounts, I have some concerns that a lot of parents may be sharing…
I know you’re a mom too (though your kids are too young for you to have to worry about this right now!) But, if you were in my [...]

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