You May Be Running Out of Time If You Own Offshore Accounts September 28, 2018 Effective Date The U.S. Government, concerned about offshore tax evasion, implemented the Foreign Account Tax … [Read more...] about You May Be Running Out of Time If You Own Offshore Accounts
IRS Tax Planning Ideas, Tips & News
ITEMIZED TAX DEDUCTIONS – 2017 Tax Cuts & Jobs Act What You Need to Know
ITEMIZED TAX DEDUCTIONS 2017 Tax Cuts & Jobs Act What You Need to Know The 2017 Tax Cuts & Jobs Act (TCJA) significantly impacted homeowners who typically itemized their mortgage interest, … [Read more...] about ITEMIZED TAX DEDUCTIONS – 2017 Tax Cuts & Jobs Act What You Need to Know
IRS Form W-4 – How Many Allowances to Claim?
IRS Form W-4 How Many Allowances to Claim? 2017 Tax Cuts & Jobs Act Impacts Federal Tax Withholdings Beginning in 2018, many taxpayers are concerned that they may be having … [Read more...] about IRS Form W-4 – How Many Allowances to Claim?
NEW TWIST TO IRS PHONE SCAM
NEW TWIST TO IRS PHONE SCAM SPOOFERS MIMIC IRS PHONE NUMBER In this scam scenario, the taxpayer receives a phone call from a scammer impersonating the IRS and informs you that a balance is due the … [Read more...] about NEW TWIST TO IRS PHONE SCAM
DIVORCED SPOUSE INHERITS WINDFALL OR HOW TO “DISINHERIT” CURRENT SPOUSE AND CHILDREN
DIVORCED SPOUSE INHERITS WINDFALL OR HOW TO “DISINHERIT” CURRENT SPOUSE AND CHILDREN Let’s assume the following facts, which in reality, are not that uncommon. After years of marriage, it is decided … [Read more...] about DIVORCED SPOUSE INHERITS WINDFALL OR HOW TO “DISINHERIT” CURRENT SPOUSE AND CHILDREN
SOCIAL SECURITY AGE CONSIDERATION: DOES WORKING AFFECT BENEFITS?
SOCIAL SECURITY AGE CONSIDERATIONS DOES WORKING AFFECT BENEFITS? Some individuals retire and begin to collect their hard-earned Social Security retirement benefits. What happens if they … [Read more...] about SOCIAL SECURITY AGE CONSIDERATION: DOES WORKING AFFECT BENEFITS?