On a typical Easter weekend, we travel to the Tri-Cities to visit relatives. One particularly sweet soul that we enjoy seeing is Aunt Naomi. She is almost 90 years old and living independently. “All I do is pay bills and check stuff,” she said last weekend: Is the door locked? Did I leave the water
Tax refunds are in the mail! With the average taxpayer expecting to rake in a refund of more than $3,000, what should you do with the windfall? IF YOU ARE EXPECTING A REFUND, WHAT IS THE SOLID “EAT YOUR VEGETABLES” ADVICE? 1. Pay down high-interest debt: this is how 40% of Americans will use
If it sounds too good to be true, it probably is! In recent years, thousands of people have lost millions of dollars and their personal information to tax scams and fake IRS communication. LET’S START WITH THE BOTTOM LINE…THE IRS DOES NOT REQUEST PERSONAL INFORMATION BY TELEPHONE OR EMAIL! The Internal Revenue Service does
It is Tax Season! From coast to coast, taxpayers are scurrying to gather tax documents and to file their 2016 tax returns. Good tax planning can avoid 7 common tax filing mistakes. WHAT ARE THE GOALS OF GOOD TAX PLANNING? Be organized (If you have savings and investment accounts, companies are issuing 1099 summaries
The time for gathering data and IRS tax filing is upon us. This year more than ever, it’s important to safeguard your personal and tax related information. Taxpayers, tax preparers, and businesses need to work together to prevent identity and asset theft. Here are some tips to help you and your tax preparer have a smooth
WBIR: Paul Fain from Asset Planning Corporation explains how to safeguard your tax return from identity thieves.
WBIR: Certified Financial Planner Paul Fain shares tips on itemizing, deductions, and other tax return info.
Knoxville Certified Financial Planner, and President of Asset Planning Corporation, Paul Fain shares some quick and easy ways to stretch your budget as far as possible.
If someone gave me a $100, I would walk around as if I’m Donald Trump or Daddy Warbucks. It’s a flush feeling. If we go to dinner, I’m buying. A few days later it would be back to normal with the typical $5 to $20 in my pocket. What is this behavioral phenomenon of “found