Choosing the right tax preparer

The IRS issued a list of 12 common tax scams in 2019. Now, as we enter the second tax season under the Tax Cuts and Jobs Act, the scams and gambits will change some, but tax preparer fraud will likely remain on the list in 2020. As is the case whenever working with...

6 easy year-end tax tips

It is five weeks before taxpayers close the books on 2019. There is, of course, plenty of time to procrastinate before the April 15, 2020 filing deadline, but there are still steps to take in 2019 that can help lower the tax obligations or increase that return....

IRS warns of a new scam

The Internal Revenue Service recently issued a new warning to tax professionals and taxpayers. In a new twist on an old trick, the fraudster threatens to cancel or suspend the victim’s Social Security Number (SSN) if they do not pay their overdue tax bill....

Not filing taxes is a mistake

There may be a variety of reasons why people do not file taxes. It can be a matter where the Internal Revenue Service owes them a refund and they chose not to file, at least before the April 15 deadline. There are, however, common reasons given each year by those not...

Summer-themed tax tips

The Texas heat can be unbearable, but people of all ages look forward to the summer months. There are many fun things to do for families with young folks not in school, the cost of which can often qualify for tax credits or deductions. Parents of older kids also need...