There may be more than six months to go before tax returns must be filed in April 2017, but it appears that battle lines are being drawn on how some wealthy, family business owners may reduce their estate taxes.According to a recent wsj.com article, new rules...
Finding Real Life Solutions To Your Tax Problem
Month: August 2016
Change in IRS policy could help unmarried property owners
To the average person who is cynical about marriage, there are plenty of reasons not to tie the knot. Of course there is the work that goes into a marriage, the sense of putting another person above your own needs, and then there is sharing a life (and space in a...
Will you be hooked by a ‘phishing’ scam?
In a few of our posts, we have highlighted the possibility of taxpayers being victimized by fraud when preparing their returns. In some cases, they will be contacted by phone by scam artists posing as IRS agents who threaten to bring suit against an unwitting person...
Three important tax tips for newlyweds
With August being in the middle of wedding season, it is natural to think about what would be best for wedding gifts. Indeed, retailers have elaborate and detailed registries to choose from. But in the midst of all the gifts, the new couple must learn to develop a...
IRS may have misrouted tax lien notices, report says
As we have noted in our prior posts, no one actually wants to receive a tax lien. Most would agree that IRS liens are the bane of one’s existence. However, if a tax lien is initiated against a taxpayer, the federal government has a legal obligation to send...