Scammers Never Sleep! Beware the IRS 2019 “Dirty Dozen!” Scammers are hard at work making tax season difficult for preparers and taxpayers alike. These common scams have peaked during filing season – not just individuals, but businesses also should be forewarned and forearmed! It may look like a duck, walk like a duck, and quack...
Think only individuals are targeted for identity theft? Think your business entity is safe from cybercriminals and IRS fraud? Think again. For years, identity thieves have used stolen employer identification numbers (EINs) to create fake Wage and Tax Statements (W2s) that they use to file fraudulent individual tax returns, as well as to open new...
Were you shellshocked by your 2018 tax return and refund? Although April 15th will be behind us in a week or so, it might just be time to start thinking about your tax filing strategy for 2019! The tax code contains over 170 preferences that benefit middle-income households, like the Earned Income Credit and the...
There is a rivalry that is forming in the investment world bigger than the Lakers vs the Celtics or the Yankees vs the Red Sox. It is the ETF vs the Mutual Fund. While many investors are familiar with Mutual Funds, they have little knowledge of Exchange Traded Funds. There is a difference in investment...
Think Tax Reform is likely to discourage charitable giving? Not at all. The Tax Cuts and Jobs Act may have lowered individual income tax rates, reduced the value of tax deductions, and doubled the estate tax exemption to $22 million for couples, but it will not impact all tax-motivated bequests. Millions of passionate non-itemizers contributed...
