You’ve all heard that old saying that you can’t avoid death and taxes. Unfortunately, this adage is true. Since I believe you should spend as much of your time as possible doing only what brings you immense joy and satisfaction, I doubt that filling out your tax return is one of these activities! That’s why I urge you to use … Read More
A big warning for Savings Bond holders
If you own savings bonds you could be in for a nasty tax surprise. Here’s the deal…
More horrible tax advice
Recently I heard about a situation where a retiree had been “advised” to move their IRA money into something called an Insurance Based Retirement Plan. This is just horrible tax advice, here’s why.
$12,358 tax bill turns into $579 refund
Several years ago, we got a call from one of our clients at tax time who was not happy at all with their tax bill.
Instead of a small refund, they were looking at a $12,358 tax bill. Turns out they made one of the most common mistakes we run across.