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
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
PA JOINS MULTISTATE TAX COMMISSION
Effective November 2014, Pennsylvania (PA) joined the Multistate Tax Commission (MTC) joint income tax audit program for corporate net income (CNI) and capital stock/franchise taxes. The MTC serves as … [Read more...] about PA JOINS MULTISTATE TAX COMMISSION
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