Tough financial decisions can affect both current and future tax bills, and lining up a team of professional advisors who are ready and willing to help makes a difference. For the most benefit, make sure your advisors know each other and work well together. As you begin your year-end planning, here are three areas where coordinating tax, legal, and financial...
Tags: tax planning
Category: Taxes
It seems even college students are being scammed these days. Therefore, as you settle into your fall semester routine, both the FBI and the IRS want you to be alert for calls from scammers. The calls may spoof a legitimate number on your caller ID, and appear to come from an actual government agency, including the FBI or IRS. The...
Tags: student scams
Category: Taxes
Will wedding bells be ringing for you along with holiday sleigh bells this year? If so, add tax planning to your to-do list. Here are some tax tips for soon-to-be newlyweds. Check the effect marriage will have on your tax bill. If you both work and earn about the same income, you may need to adjust your tax withholding to...
The U.S. Department of Labor updated the rules for paying overtime, and the changes take effect December 1, 2016. Under the new rules, salaried employees who earn less than $913 per week ($47,476 per year) will be eligible for overtime pay. That’s double the annual exempt amount of $23,660 under current rules. Begin reviewing your payroll policies now to avoid...
The IRS has again issued a scam warning. The newest scam involves receiving via email a fake version of an IRS bill related to the Affordable Care Act. The bill requests payment by check or by clicking a link in the email. Remember, genuine IRS notices do not come to your email, and do not request online payment. IRS notices...