Hello, Fellow Taxpayers, This letter is Really Short and Sweet, and will most likely be my last email until the new year (no cheering from the peanut gallery). After reading this letter, you can contact your trusted financial advisor or me. If you do not have one, let me know, I can make recommendations. Congress is set to pass the SECURE Act this week, pushing back the RMD age to 72 (for those turning 70.5 after 1/1/20). This sure will make those...
Hello Taxpayers, As you read this, I am attending an event in Orlando. Many of you know that I travel for different things after tax season. This month, I am traveling three times; one for networking, one for education (next week) and one where I am teaching other Enrolled Agents, CPAs and lawyers on tax issues (the week after in Reno. Heck, someone has to do it). So as Willie Nelson sings, “On the Road Again.” You can see the video...
Hello, My Fellow Taxpayers, I am writing this email during a brief lull in my last-minute craziness. There are only a few days left in tax season! However, I am still be overwhelmed with calls asking about filing tax returns. My question, "When can I get your paperwork?" Many say by Friday afternoon, so I tell them, we will have to file an extension and they hang up. Many of you that are already our clients have provided me your papers or...
Hello Fellow Taxpayers, April 15th is only 18 days away and your tax return is due by midnight on the 15th. Just for kicks here is a list of the 10 most popular reasons for filing late or not filing at all: 1. Laziness 2. Forgetfulness 3. Confusion 4. Death or Serious Illness of Taxpayer or Immediate Family 5. Invalid Advice From a “Competent” Professional 6. Active Duty Military Service 7. Incarceration 8. Ignorance 9. Destruction of Records 10. Belief That Paying Income Taxes is Voluntary Are you using one of these reasons...
