This is article written by Wendy Connick offers great tips for reducing the risk of a tax audit. Do you cringe at the mere thought of an IRS audit? Consider taking a few precautions to give your tax return better odds in the audit lottery. Due in large part to budget and personnel cuts, the … Continue reading 7 Ways to Reduce Your Odds of a Tax Audit
I agree with the context of this article which is why I posted it but I want my clients to feel like they have an accountant in the family and can call me anytime. How to Make Your Accountant Love You—And Get Bigger Tax Returns to Boot Think you’re stressed about tax season? Imagine how … Continue reading How to Get Bigger Tax Returns
The proposed repeal of taxes that were put in place to fund Obamacare would give America’s top earners the biggest tax cut. According to an analysis by the nonpartisan Tax Policy Center, the health-care bill introduced by House Republicans last week would give the top 1 percent of earners a cut worth about 2 … Continue reading Top 0.1% of earners would get a $207,000 tax cut under GOP plan to repeal Obamacare
Flexible spending accounts can help you cut your taxes. Find out how. Many workers have access to a flexible spending account at work, but you might not know just how big a tax break your FSA can be. If you have an FSA, you can save toward your anticipated medical expenses and save on both … Continue reading Health FSA Taxes in 2017: What You Need to Know
