INTRO: Tax season is in full swing and taxpayers are immersed in organizing their records and filing their returns. What forms do you need to have on hand to file an accurate tax return? Paul Fain, president of Asset Planning Corporation, joins us now with a guide to commonly used IRS tax forms. PAUL…
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…