News, Tax & Accounting Resources
Debt Relief and Taxes You May Still Have to Pay
Negotiating to decrease or zero out a credit card bill or other loan balance can help relieve a tough financial situation, but it can also give way to an unexpected tax bill. Here's a quick review of various debt cancellation situations and how they impact your taxes....
IRS Warns – Beware of Scammers Targeting Your Tax Info
Tax scammers continue to become more sophisticated, which means it’s more important than ever to pay attention to any person or message asking you to provide confidential information. Here are several of the more prevalent scams to be on the lookout for, according to...
The Importance of Partnering with a Tax Expert if the IRS Comes Knocking
Responding to a letter from the IRS or a tx audit by yourself is not the same as fixing a leaky faucet or changing your oil. Here are reasons to partner with a tax professional as soon as you receive a letter from the IRS: IRS auditors do this for a living – you...
Do You Need to Re-Evaluate Your Tax Planning?
Events that might cause changes requiring a tax planning session. Situations in your life can change your taxes with little to no warning. Here are several events where you may need to schedule a tax planning session: Getting Married or Divorced? You could get hit...
Protecting Your Digital Footprint
In today's digital age, it's impossible to avoid the internet. Be ever so mindful that there is information about you in some corner of the web. The use of a smart phone increases the chances for your information landing on the dark side. Here are some ideas to help...
