Everyone Knows Someone Who Missed the Boat
This year’s April 18 tax deadline has come and gone, but not everyone has filed a 2016 tax return. Many taxpayers who should file simply do not. Common culprits are older, retired parents, and young adults who are new to tax filing requirements. Here are just a few reasons these taxpayers should consider filing a tax return.
Summer Vacation Without Breaking the Bank
When setting your family budget, often the first thing that gets slashed is the summer vacation. However, if you plan ahead, you can find simple ways to save and keep your vacation on the calendar. Here are a few ideas.
Common Audit Red Flags – What Attracts The IRS
For handwritten taxpayers, preparing their tax return isn't the problem. It's the fear of an audit. Audits are fairly uncommon, but the IRS may notice your tax return if certain red flags are present. Here are some of the common audit red flags to help you prepare for the possibility of your return being reviewed.
Alert: New Small Business Scam Steals Key Information
This past month at least 55 companies reported they had fallen victim to a new type of specialized phishing scheme. It involves a criminal masquerading as a real employee, often a key executive, and then duping unwitting employees to provide payment or secure files. The scam takes many forms. Here are a couple of the most common.
Be Tax Wise When Withdrawing Your Retirement Savings
You've spent years saving for retirement, but now it's time to plan the best way to manage your retirement savings withdrawals. Here is a potential method to help maximize your funds using a tax-advantaged strategy.