Article Published by: mjscpa.com If you’re like many Americans, you might not start thinking about filing your tax return until close to this year’s April 17 deadline. You might even want to file for an extension so you don’t have to send your return to the...
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Article Published by: taxpayeradvocate.irs.gov National Taxpayer Advocate, Nina E. Olson, has released her 2017 Annual Report to Congress, describing challenges the IRS will face as it implements the recently enacted tax reform legislation and unveiling a new publication, “The Purple Book,” that presents 50 legislative recommendations...
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Article Published by: money.cnn.com Teaching your kids about financial responsibility means setting a budget -- and deciding what to do when children run afoul of their own guidelines. One answer is to require them to save their allowances in locked boxes. But since this doesn't teach restraint...
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Article Published by: irs.gov As taxpayers prepare for the January 29 start of filing season, they should consider a direct deposit of any refunds due. It’s easy, safe, fast — and the best way to get a refund. That’s why 80 percent of taxpayers choose it...
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Article Published by: dontmesswithtaxes.com It's almost 2018 and we all know what that means. Resolutions, fresh starts and lots of new tax laws. The good news is that for the most part, the changes to the tax code under the Republican-led tax bill will not affect us...
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Article Published by: mjscpa.com There are several account features that you should investigate at various banks. Interest Rates Find out what the interest rate is and whether the bank can change it after the account has been established. Also, find out if the bank pays different interest rates based...
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Article Published by: taxpayeradvocate.irs.gov Recent Court Decision Highlights the Impact of the Lack of Pre-payment Judicial Review of IRC Section 6707A Penalty This time of the year, I review and edit drafts of the ten most litigated issues in federal courts that are ultimately published in the...
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Article Published by: mjscpa.com Given the astronomical cost of college, even well-off parents should consider applying for financial aid. A single misstep, however, can harm your child’s eligibility. Here are five common mistakes to avoid: 1. Presuming you don’t qualify. It’s difficult to predict whether you’ll qualify...
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Article Published by: money.cnn.com The next time you open a bank account or sign up for a credit card, make sure you read the fine print. Lawmakers overturned a rule Tuesday night that would have prohibited companies from using arbitration clauses to prevent consumers from filing class...
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Article Published by: cnbc.com Sweeping changes in the proposed tax bill mean you can kiss goodbye one key strategy for your individual retirement accounts. Lawmakers released their final version of the proposed tax overhaul on Friday. The bill includes a measure to take away savers' ability to...
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