When President Obama signs the Highway and Transportation Funding Act of 2015, the following changes to the due dates of tax returns will become effective for tax years beginning after Dec. 31, … [Read more...] about IRS ANNOUNCES CHANGES TO DUE DATES OF TAX RETURNS
IRS Tax Planning Ideas, Tips & News
HOW MANY MAGIC TRICKS DO YOU KNOW?
The great magician, David Devant, has the following quote attributable to him. When Mr. Devant was approached backstage by a young amateur magician who proudly told him that he knew about 300 hundred … [Read more...] about HOW MANY MAGIC TRICKS DO YOU KNOW?
FEAR OF RUNNING OUT OF MONEY IN RETIRMENT?
Our November 18, 2014 blog discussed why living a long life creates retirement problems. Thus, it is important to plan for your retirement as early in life as possible (and there is no better time … [Read more...] about FEAR OF RUNNING OUT OF MONEY IN RETIRMENT?
IS YOUR TAX PREPARER QUALIFIED?
Accountingtoday.com reported Click Here to Read Full Article that a seasonal tax preparer hired by Liberty Tax in Bigfork, MT received a five-year sentence which will be served with the Montana … [Read more...] about IS YOUR TAX PREPARER QUALIFIED?
TAX PRACTITIONER BILL OF RIGHTS
The Internal Revenue Service (IRS) has on its website a Taxpayer Bill of Rights. The National Society of Accountants (NSA) has proposed a Tax Practitioners Bill of Rights. The NSA, in the wake of a … [Read more...] about TAX PRACTITIONER BILL OF RIGHTS
DO BROKER FEES CAUSE YOUR IRA TO BECOME IMMEDIATELY TAXABLE?
We recently came across an article written by Michael Kitces, CFP, that discusses possible tax issues associated with AUM (asset under management) fees charged by financial planners. While the article … [Read more...] about DO BROKER FEES CAUSE YOUR IRA TO BECOME IMMEDIATELY TAXABLE?