If you used a tax professional to prepare your personal income tax return, you were undoubtedly asked the question if you own any foreign accounts or have control over any such accounts. This is a … [Read more...] about FBAR Traps for the Unwary
IRS Tax Planning Ideas, Tips & News
Scammers Fake Social Security Email
The subject line says “Get Protected,” and the email talks about new features from the Social Security Administration (SSA) that can help taxpayers monitor their credit reports, and know about … [Read more...] about Scammers Fake Social Security Email
IRS Clarifies Rules for POAs Submitted by LLCs & Partnerships
If you own a partnership or a limited liability company (LLC), you should consider if you need to amend your operating agreement. IRS Chief Counsel has added to the discussion as to who can sign … [Read more...] about IRS Clarifies Rules for POAs Submitted by LLCs & Partnerships
How to Get Someone Else to Pay Off Your Student Loan
The Atlantic.com reported that traditional company perks are changing. While companies have traditionally focused on health care and 401(k) retirement benefits to attract talent, they find themselves … [Read more...] about How to Get Someone Else to Pay Off Your Student Loan
Where is My Income Tax Refund?
“Where is my refund” is a question that will be asked more often by taxpayers. The IRS and states are delaying the issuance of refunds as part of their efforts to reduce the theft of refunds by scam … [Read more...] about Where is My Income Tax Refund?
Dave Ramsey – Interesting Perspective Using Self-Promotion
Dave Ramsey has been helping people with excessive credit card debt for years and we believe he has done a very good job getting their credit card debt under control and improving their FICO credit … [Read more...] about Dave Ramsey – Interesting Perspective Using Self-Promotion