Category Archives for ELIMINATING IRS TAX DEBT
One More Marriage Penalty for Taxpayers
Here’s a new reason to just cohabit – if you and your loved one have a huge mortgage. If you or your clients happen to be blessed as a high-income couple, it’s likely your taxes will go up.
Read MoreSome great uses for a tax refund
(Assuming they’re fortunate enough to have one) If there’s a refund check coming, it’s a great opportunity to bolster their personal balance sheet. The typical refund is usually around
Read MoreChanges are coming in the way small businesses enroll in Obamacare.
Changes are coming in the way small businesses enroll in Obamacare. Be aware, under a rule going to be proposed by the Centers for Medicare & Medicaid Services, small firms would no longer use the
Read MoreTaxes Can Still Threaten Your Retirement
Taxes Can Still Threaten Your Retirement Sadly, it’s becoming clear that you can’t bank on the traditional idea that your tax bill will go down in retirement. A lot of things can get in the
Read MoreHow to Save on Taxes by Claiming Florida as Your State of Residence
How to Save on Taxes by Claiming Florida as Your State of Residence Snowbirds will have their work cut out for them in proving Florida is their primary residence for over half of the year. Question: I
Read MoreBeware of Phony IRS Collectors
Beware of Phony IRS Collectors As Uncle Sam begins to crack down harder on tax matters, scammers are cashing in. As summer sizzles on, the IRS scams are heating up! The IRS has a program that uses private
Read MoreNew Changes to U.S. Citizenship & Immigration Services I-9 Form
New Changes to U.S. Citizenship & Immigration Services I-9 Form • Newest form has a revision date of 07/17/17 N at the bottom • New form must be used starting September 18, 2017 or can be used
Read More4 Costly Government Penalties Retirees Will Want To Avoid
Retirees dealing with the challenge of making their nest eggs last as long as their lifetimes are often surprised by the devastating impact that taxes often have on their cash flow. While many people are
Read MoreYou Can Deduct Mortgage Interest on Your Vacation Home
You Can Deduct Mortgage Interest on Your Vacation Home If you own, or are considering the purchase of a second home, as long as you’re not renting it out for extended periods, you might be able to
Read MoreTax Breaks When Moving to Take Your First Job
There are Tax Breaks when Moving for Your First Job! If you meet the criteria for the “distance test” you can deduct the cost of hiring movers and traveling to a new home. If you are moving
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