Category Archives: Tax Fraud

Check your credit score

If you haven’t checked your credit report lately, this may be the time. Wrong or old information on your report can affect your credit score – and not in a good way. Your credit score helps lenders determine your credit-worthiness … Continue reading

Posted in Business, Business Owner, customer, Estate, Fraud, Penalty, Tax, tax advice, tax bill, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , | Leave a comment

Tax-Deductible Expenses: Are You Recording All of Them?

2017 income tax preparation seems a long way off. Make it easier by tracking all the deductions you can take. You’ve heard it said before: Tax planning should be a year-round process. It’s so true. Your life will be a … Continue reading

Posted in Amended Tax Return, Business, Business Owner, deductions, Filing Taxes, IRS Articles, Operations, Tax, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , , | Leave a comment

Get to know these tax-saving terms

As you begin to think about scheduling your midyear tax planning appointment, refresh your memory on the meanings of terms that can save you money. Here are three. Exclusions are items that would generally be included on your return, but … Continue reading

Posted in Business Owner, deductions, Extension, Filing Taxes, Tax, tax advice, tax exempt, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , , , , , , | Leave a comment

Are You Protecting Yourself from Tax Identity Theft?

The IRS has thwarted some identity theft attempts, but thieves are still stealing billions of dollars every year from taxpayers. Another annual income tax deadline has come and gone. Maybe you had to pay in, but perhaps you were owed … Continue reading

Posted in Business, Business Owner, Filing Taxes, Fraud, New Business, Operational Accounting, Operations, Payroll, record keeping, Tax Fraud, Uncategorized | Tagged , , , , , , , | Leave a comment

Two facts about your chances of being audited

Your chances of being audited are probably lower than you think. A look at the latest IRS statistics for 2016 reveals two interesting and reassuring facts about the risk of an IRS audit. One of these facts is that audits … Continue reading

Posted in Amended Tax Return, audit, Tax, tax advice, tax bill, tax exempt, Tax Fraud, Tax Return, Uncategorized | Tagged , , , | Leave a comment

Don’t make an expensive mistake with your IRA

Simple mistakes on your IRA can cost you dearly. Perhaps you accidentally doubled up on your IRA contribution for 2016. Did you forget to take your required minimum distribution and then notice the oversight when you were gathering the information … Continue reading

Posted in Filing Taxes, IRA, retirement, save on taxes, saving for retirement, Tax, tax advice, Tax Fraud, Tax Return, taxes, Uncategorized | Tagged , , , , , , , | Leave a comment

Financial scams take more than your money

The consequences of being taken in by a scammer include three types of costs, according to a survey by the Financial Industry Regulatory Authority’s Investor Education Foundation. In addition to the money lost in the fraud, victims generally incur legal … Continue reading

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