An identity thief uses a legitimate taxpayer’s identity to fraudulently file a tax return and claim a refund. Generally, the identity thief will use a stolen SSN to file a forged tax return and … [Read more...] about IDENTITY THEFT – HOW TO PROTECT YOURSELF DURING THE TAX SEASON
IRS Tax Planning Ideas, Tips & News
IDENTITY THEFT – ACTION STEPS YOU NEED TO TAKE
Identity theft occurs when someone uses your personal information without your permission to commit fraud or other crimes. With the increased reports of identity theft, you need to take preventive … [Read more...] about IDENTITY THEFT – ACTION STEPS YOU NEED TO TAKE
Tax Time Identify Theft Precautions
With the tax-filing season upon us, you must be particularly aware of the threat of identity theft. Your tax return contains sensitive personal information, and scammers can use your Social Security … [Read more...] about Tax Time Identify Theft Precautions
LOCAL LODGING EXPENSES – TAX DEDUCTIBLE?
There have been Internet headlines that the IRS has made deducting local lodging expenses tax deductible. We believe that while these headlines are factually correct, they are somewhat misleading with … [Read more...] about LOCAL LODGING EXPENSES – TAX DEDUCTIBLE?
USING IRAs TO PURCHASE REAL ESTATE
I recently received a postcard inviting me to a free dinner to attend a presentation where the speaker was going to explain how to purchase real estate inside of an IRA. The receipt of this invitation … [Read more...] about USING IRAs TO PURCHASE REAL ESTATE
ARE MEALS PAID TO EMPLOYEES FOR WORKING OVERTIME W-2 COMPENSATION?
When an employer provides an employee with a benefit, it is almost always considered taxable compensation to the employee (unless specifically exempt from taxation as provided in the Internal Revenue … [Read more...] about ARE MEALS PAID TO EMPLOYEES FOR WORKING OVERTIME W-2 COMPENSATION?
