It’s been two years since the last major tax changes were made by congress in 2017, but some of the changes were slow to be defined and understood. Here are some that affected most individual taxpayers to consider as we reach the end of the year. Withholdings and Estimates Withholdings and estimated taxes should be verified before year end, as …
IRS Scams – Consumer Awareness July 2019
Attempted financial scams seem to happen to all of us at some point. An awareness of the many new ways they can happen is key to making sure you don’t get pulled into them. Identity theft and stolen funds are becoming a growing risk as thieves have devised clever methods of masking IRS communications. Various government entities have identified some …
Leading Scams Targeting Seniors – Retirement Planning
October 2018 Fraudulent schemes and scams have always existed but there increase and focus on the elderly is troubling. The National Council on Aging estimates that nearly 1 in 10 Americans over the age of 60 experiences some form of financial elder abuse. IRS Scams – Callers claiming to be IRS agents often call unsuspecting seniors at home, accusing them …