Category Archives: Tax

FTC Stops India-Based IRS and other Scams

FTC Settlement Puts a Stop to Money Mule Who Profited from India-Based IRS and Other Scams Reprint from FTC Email Subscription and Website A Florida man charged with helping telemarketers in India defraud cash-strapped American consumers will be banned from … Continue reading

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Finally, a year end that we can tax plan, again!

We can finally plan, again. Continue reading

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Get your required minimum distribution (RMD) before it’s too late

In general, those who are over age 70½ must take at least a minimum payment from their retirement account each year by December 31. Continue reading

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Plan now to save on taxes later

Even though tax filing time is far away, the fall is the perfect time to start your planning so you can take advantage of all opportunities to minimize your tax bill. That begins with ensuring you’ve taken all the deductions … Continue reading

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Alert to taxpayers – IRS warns of fake emails purporting to contain an IRS tax bill related to the Affordable Care Act

Issue Number: IR-2016-123 Inside This Issue IRS and Security Summit Partners Warn of Fake Tax Bill Emails WASHINGTON — The Internal Revenue Service and its Security Summit partners today issued an alert to taxpayers and tax professionals to be on … Continue reading

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IRS Acquiescence Gives Unmarried Couples a Double Deduction | Accounting Today News

Source: IRS Acquiescence Gives Unmarried Couples a Double Deduction | Accounting Today News Continue reading

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Types of Income the IRS Can’t Touch

That’s right, 17. Uncle Sam can’t get his hands on your money if it’s in one of these very specific income categories. Source: Types of Income the IRS Can’t Touch

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Working Overtime Is More Taxing Than You Think

Source: Working Overtime Is More Taxing Than You Think   Here is an excerpt from the article (click source link above for actual article) outlining an example of a $20 hour worker working an extra 8 hours… “The Government’s Take… … Continue reading

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To my Tax clients…

… Or if not urgent, just put it in ‘the envelope’ I gave you (or as some of you prefer, the grocery bag) for next year and continue gathering documents and receipts all year round. Have a happy, healthy, and profitable year. … Continue reading

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Taxing day

Happy tax day. May your returns tick & tie and your eyes be crossed and t’s be dotted…

Now go out and get some R& R. Continue reading

Posted in 2015 taxes, Indiana Tax, Individual Tax, Tax, Tax Deadlines, tax tips, Travel | Tagged , , , , | Leave a comment