Taxpayers should be on the lookout for new version of Social Security Number scam. The scammers are out there and they just don’t stop. By now you know better than to worry if someone from the IRS calls (it’s never them; they correspond by Snail... Continue
Taxpertise
By Bonnie Lee, E.A. With summer almost here, many students will turn their attention to making money from a summer job. Whether it’s flipping burgers or filing documents, the IRS wants student workers to know some facts about their summer jobs and taxes. Not all... Continue
By Bonnie Lee For 2018 a complicated tax reform bill, the “Tax Cuts and Jobs Act” took effect, promising to help the middle and lower classes enjoy bigger take-home pay and lower tax liabilities. Tax rates dropped, and the standard deduction doubled. This was major... Continue
Late last year Congress signed into law the most massive changes in tax reform (Tax Cuts and Job Act – TCJA) since 1986. It is important to take a quick break from holiday festivities to analyze your tax picture so you are not surprised or... Continue
With a straight face, the IRS recently released the new Form 1040. The form has shrunk from a two-sided letter-sized sheet to post card sized, just as Trump promised. As if size matters. Everyone electronically files these days so it’s not like you will save... Continue
With a straight face, the IRS recently released the new Form 1040. The form has shrunk from a two-sided letter-sized sheet to post card sized, just as Trump promised. As if size matters. Everyone electronically files these days so it’s not like you will save... Continue
By Bonnie Lee -- When we think of wellness, we usually think in terms of physical health, mental health, and spiritual well-being. Things material: especially money, are eschewed – thought to be crass and worldly. But don’t be so quick to turn your nose up... Continue
My heart and prayers go out to those who suffered a loss during the California wildfires. The widespread destruction of life and property saddens us all. On the positive side, the community came together and with the help of our first responders and because the... Continue
The Internal Revenue Service has added several new features to their website. If you go to www.irs.gov, you will be pleased to find that if you need information about your tax liabilities or your refund, or general tax related questions, you will find the tools... Continue
Not all tax scam are instigated by outsiders. Some normally honest folks succumb to the temptation to falsely inflate deductions or expenses on tax returns. This may be at the top of the list of the IRS’ 2017 “Dirty Dozen” tax scams. Doing so may... Continue