Insights
Our team brings decades of experience to the table. Nurture your personal and business growth with our extensive library of financial resources.
Dirty Dozen List of Tax Related Scams
Each year the IRS publishes a “Dirty Dozen” list of tax-related scams. Here’s the list for 2015. Update 2/20/2017: For recent tax-related scams view Someone’s claiming I owe money to the IRS. Is this legit? Phone scams: Con artists impersonating IRS employees may call you, demanding money or promising a refund if you “confirm” your social security number. Remember […]
How to Budget for a Small Business
How to Effectively Budget for Your Small Business Congratulations! You have either started or taken over a small business, not a simple task in its own right. Now what? You want to ensure the future success of your new endeavor, and one of the key components is a well thought out and complete budget. Why […]
Mayweather Claims He Can’t Pay 2015 Tax Liability Until Upcoming Fight vs. McGregor in IRS Petition
Boxer Floyd Mayweather Petitions IRS: Claims He Can’t Pay 2015 Tax Liability Floyd Mayweather is set to fight the UFC Irish bad-boy, Conor McGregor, on August 26th. The fight will no-doubt be one for the books. However, for Mayweather, this fight is about much more than just getting another win in the ring. The widely […]
What’s an IRS Final Notice of Intent to Levy?
Estimated Reading Time: 7 Minutes There it is. A certified letter from the IRS, and you have a gut feeling it probably does not contain the thousands in tax refunds you’ve always imagined. Instead it’s an IRS Final Notice of Intent to Levy. What does it mean? And why are you receiving it? IRS Letters […]
How to Find Out if You Owe Taxes
Estimated reading time: 6 Minutes So you filed your taxes last month, but for whatever reason, you feel like you might actually owe the IRS taxes, rather than being issued back a return. Or maybe your situation is different. Perhaps your employer doesn’t deduct taxes from your paychecks throughout the year and you know for […]
No Longer Dead, IRS Owes Man Tens of Thousands In Tax Refunds
Declared Dead by IRS for 29 Years, Living Man Finally ‘Resurrected’ Original Article by Karen Bleier, May 10, 2017, 4:38 PM (CBS/AP) At just four years old, a Minnesota man was falsely declared dead by the IRS. Now, 29 years later and with the help of his state senator, the IRS finally recognizes that Adam […]
Breaking: Private Debt Collection Agencies to Chase Down Your Debt in 2017
Estimated Reading Time: 8 Minutes The mainstream media has now started picking up on the IRS private debt collection program. We reviewed the Private Collection of IRS Debt back in January in our post Someone’s Claiming I Owe Money To The IRS. Is This Legit?. View the post to learn how you can protect yourself and […]
How the IRS Seized Millions From Small Businesses: Equitable Sharing or Extortion?
Estimated Reading Time: 8 Minutes If you’re a small business owner, following the rules won’t necessarily stop the IRS from seizing your bank account. Under loose allegations of business owners making evasive deposits, the IRS has taken millions from small business owners. How they did it will shock you Federal law allows the IRS to […]