Let’s not be afraid of the Internal Revenue Service. I know that most people are deathly afraid of an audit but I have to tell you, in most cases this fear is unjustified. My personal belief is that there is no longer such thing as the random audit. The IRS must develop audit programs designed [...]

Filed under: Tax

In 1916 the U.S. government passed a law that required U.S. citizens living abroad (expatriates) to file a U.S. tax return. For many years the law’s provisions were largely ignored, but not anymore. The Obama administration has a $400 billion hole in the budget that it needs to fill, and it believes it can raise [...]

Filed under: Tax

Having the right team of advisors is critical to achieving your financial goals faster than you ever thought possible. For most people, taxes are the single biggest expense. This makes finding the right tax preparer for your team extremely important.HOW DO YOU FIND A TAX PREPARER THAT IS RIGHT FOR YOU?First, not all tax preparers [...]

Filed under: Tax

It’s the time of the year again that many of us dread – tax time! Thoughts of mountains of paper, boxes crammed with junk and short tempers come to mind. It’s the last thing on your mind during the holiday season, and many times one of the first things to sneak up on you in [...]

Filed under: Tax

For those that have filed a 1040EZ tax return form in the past, you might benefit from filing a 1040 tax return or a 1040A tax return if you had one of a few events happen in 2009, due to tax law changes. You can claim a number of credits that a 1040EZ form doesn’t [...]

Filed under: Tax