Financial Advice

Sort by:

  • Advice

    Intaxication

    Obviously, all taxpayers are looking for a refund, and all too frequently they are willing to be creative to get one. Here are some cautionary tales from years of experience.

  • Advice

    Saver the Feeling

    It is time to save money for yourself and have Uncle Sam help you with your savings account by giving you a credit for money you have "invested" in yourself. The Internal Revenue Service has come up with a good deal for those of us who can put some money ...

  • Advice

    The IRS on the Prowl

    Last month the IRS announced that the number of audited returns had increased by 11 percent over the previous year. But you usually can't get into trouble if you tell the truth and file your returns on time.

  • Advice

    December Decisions

    While you are planning your New Year's resolutions, focus on getting yourself financially healthy for the new year as well.

  • Advice

    Preparing Your Own Return

    Every year, I caution people to be careful about preparing their own tax returns. Coming from a tax preparer, this advice may appear self-serving, but it isn't. Just the other day, something happened that called into question the idea, so heavily promoted in TV ads, that doing your own ...

  • Advice

    Unemployment Lines

    Between jobs? Here are some things you should know regarding your taxes and not being employed.

  • Advice

    Don't Be Late

    Although we do everything we can to encourage our clients to file their tax returns as early as possible, more than half our business comes in during these last few weeks of tax season.

  • Advice

    Different Deductions

    Like men, all deductions are not equal. Some deductions reduce your income dollar for dollar, while other deductions have limitations and consequently have less value. Still other deductions create credits that either reduce your tax or put extra money in your pocket. In the next few weeks, we'll weave ...

  • Advice

    Deducing Deductions

    The Schedule A is the form commonly referred to as the Long Form. Actually the 1040 is the Long Form (the 1040A and the 1040EZ are the Short Forms) and the Schedule A is only one of more than 100 forms and schedules that can be attached to it. Schedule ...

  • Advice

    Facing the Fear

    We have been exploring aspects of personal finance that have to do with savings, growth, and the future. However, this week's subject, debt reduction, is by far the most important regarding any financial plan that you will create for yourself.