Category Archives for CRIMINAL INVESTIGATION

How long should you keep your tax records?

  • April 4, 2018

As we move through tax season, some of my clients have been asking how long they should keep their tax records in case they get audited – and are some records more important to keep than others. Since

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New Due Date for Filing FBARs

  • April 4, 2018

If you have financial interests in, or signature authority over a foreign financial account (bank account, brokerage account, mutual fund, trust, or other type of foreign financial account, exceeding certain

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Some Often-Overlooked Tax Deductions

  • April 4, 2018

Tax deductions reduce the amount of your taxable income. Before filing your return, check to see whether the standard deductions or itemizing your deductions is most beneficial to your situation. Millions

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5 Tax Breaks for College Costs

  • April 4, 2018

Besides scholarships (tax-free up to the cost of tuition and course-related expenses, such as books and supplies), there are several tax breaks designed to ease the effects of college costs, whether you’re

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Some Tax Breaks for Retirees

  • April 4, 2018

Here’s a few suggestions retirees will want to take advantage of: Deduct Medicare Premiums If you become self-employed after leaving youir job, as a consultant, for example, you can deduct the premiums

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One More Marriage Penalty for Taxpayers

  • April 4, 2018

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.

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Some great uses for a tax refund

  • April 4, 2018

(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

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Changes are coming in the way small businesses enroll in Obamacare.

  • April 4, 2018

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

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Taxes Can Still Threaten Your Retirement

  • April 4, 2018

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

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How to Save on Taxes by Claiming Florida as Your State of Residence

  • April 4, 2018

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

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