IRS ALERT: Two New Tax Scams!

The IRS remains on the lookout for tax scams that can blindside unsuspecting taxpayers.  Now two variations of past scams are currently making the rounds.  Here’s what you need to know: The New Scams The SSN hustle.  This scam resembles another where...

Don’t Fall for These 5 Audit Myths

When it comes to the perception of the IRS audits, conjecture reigns supreme.  The combination of the complex tax code and a government agency with the full authority to enforce it leads to some pretty wild ideas.  Separating truth from fiction is an...

4 Awesome Summertime Tax Saving Tips

Summer is usually the time for relaxing, but it can also be a time for tax savings, especially if you’re still reeling from an unexpectedly large tax bill in April.  Here are four timely tips: Rent your home.  If you rent out your main home or a vacation...

Replacing Lost Tax Breaks for Your Growing Children

Your kids are getting older.  Before you know it they’ll be dating, driving and entering college (if they aren’t already).  Tax breaks drop dramatically as your children grow up, but you may be able to offset the losses with some timely tax planning. ...

3 Great Charitable Deduction Ideas

Despite what you may have heard from friends or family, you can still claim generous tax benefits for charitable contributions.  Here are three prime examples of charitable tax breaks ripe for the picking if you know where to look:  Qualified charitable...