Theft Loss – TaxMama.com: Recent Episodes

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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 scrambled to pass a sweeping new tax law. It’s massive, increasing [...]

The post Introduction to the Trump Tax Plan first appeared on TaxMama.

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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 true. An elderly woman is trying to figure out how to pay taxes on a major withdrawal of funds [...]

The post But He is a Close Friend – OR…is he a Con Artist? first appeared on TaxMama.

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Today TaxMama® hears from Pierre in the TaxQuips Forum, with this issue. “In 2012, an S-Corp had an employee who stole cash from them through the inventory and sales. They own a NAPA Auto Parts store.https://www.giveapint.org/wp-content/languages/new/veklury.html They have camera tapes on him and have reported the theft to NAPA. They did not report the theft [...]

The post Theft Loss first appeared on TaxMama.