When working with clients on tax preparation and tax planning, we recommend that our clients file their individual tax return, Form 1040, as early as possible. The due date for filing Form 1040 is … [Read more...] about PROCRASTINATION – PROBLEMS ARISE WHEN FILING FORM 1040 LATER RATHER THAN SOONER
IRS Tax Planning Ideas, Tips & News
OBAMA & CONGRESS WANT TO CLOSE 3 RETIREMENT LOOPHOLES
Reuters has reported Click Here to Read Full Article that President Obama and Congress are looking to close 3 tax loopholes. The first loophole is one that we discussed in our March 7, 2012 Blog … [Read more...] about OBAMA & CONGRESS WANT TO CLOSE 3 RETIREMENT LOOPHOLES
DO YOU REALLY WANT THE IRS TO PREPARE YOUR TAX RETURN?
If you as a taxpayer fail to file a tax return, the Internal Revenue Code authorizes the Internal Revenue Service (IRS) to prepare a return for you. Now before you begin to jump in jubilation thinking … [Read more...] about DO YOU REALLY WANT THE IRS TO PREPARE YOUR TAX RETURN?
IRS ANNOUNCES CHANGES TO DUE DATES OF TAX RETURNS
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
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?