DOW CLOSES ABOVE 21,000…BEST DAY OF 2017
U.S. equities surged to all-time highs Wednesday, with the Dow Jones industrial average breaking above 21,000 for the first time, after President Trump’s speech last night.
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Tax Season has officially kicked off! Great to see you all again! If you have not scheduled an appointment, please call soon. Thanks, Al & Staff
read moreTAX SCAM!!
Last year there had been reports of many people getting called by someone claiming to be from the IRS only to be harassed for money they owe and often being threatened. It seems the same scam is occurring this tax season but on a much larger scale and to a much larger group of people. Last year they targeted new immigrants for the most part while they are now calling people everywhere. These fake IRS agents have targeted nearly 366,000 people and over 3,000 people have fallen for the scam. The IRS usually contacts you by mail, so a phone call...
read moreIRS TAX SCAM
Last year there had been reports of many people getting called by someone claiming to be from the IRS only to be harassed for money they owe and often being threatened. It seems the same scam is occurring this tax season but on a much larger scale and to a much larger group of people. Last year they targeted new immigrants for the most part while they are now calling people everywhere. These fake IRS agents have targeted nearly 366,000 people and over 3,000 people have fallen for the scam. The IRS usually contacts you by mail, so a phone call...
read moreIT’S TAX TIME!!!
Welcome to 2016! It is time to get your 2015 tax, investment, and financial matters in order. We look forward to helping you in the upcoming months. IDENTITY THEFT is a significant problem within a depleted IRS. It was reported that 7% of all returns filed electronically last year were fraudulent. It has happened to some of our clients too. Filing a Police report, as well as a complaint at www.ftc.gov and www.identitytheft.gov are the beginning steps if you are a victim. Remember: IRS does not initiate contact through emails...
read moreBeware of Fake IRS Agent Scam
Last year there had been reports of many people getting called by someone claiming to be from the IRS only to be harassed for money they owe and often being threatened. It seems the same scam is occurring this tax season but on a much larger scale and to a much larger group of people. Last year they targeted new immigrants for the most part while they are now calling people everywhere. These fake IRS agents have targeted nearly 366,000 people and over 3,000 people have fallen for the scam. The IRS...
read moreEnrollment Extension & Inaccurate Healthcare Statements
Implementing the new healthcare laws has seen its fair share of challenges and it is once more having some difficulties. First of all, the Obama administration has announced that it will extend the deadline in effort to boost enrollment numbers for people who otherwise might receive a tax penalty. So for those who were unaware of the tax penalties resulting for not having health coverage, now have a chance to enroll. Secondly, it was reported that nearly 800,000 people were sent incorrect tax information about their coverage in...
read moreOne Smart Move You Can Make Before April 15
April 15 is not just the deadline to file your 2014 income taxes but also the last day you can contribute to your individual retirement account. Any contribution made before April 15 will count towards your 2014 maximum of $5,500. So if you haven’t maxed out your IRA contribution for 2014, or if you haven’t opened an IRA account at all, you still have a few months to so and a little extra now could make all the difference in the long run. So essentially the IRS allows us to make contributions from Jan. 1, 2014 and April 15, 2015 and...
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