Posts Tagged: irs
States vs. SALT or “How to turn taxes into charity”
Each year, thousands of CPAs and financial planners—like us—use their creativity and ingenuity to try to determine the best (legal) ways to lower your federal taxes. You know you’re living in interesting times when state lawmakers join that crowd! The reason state legislators are working ...READ MORE
How to Avoid Scams Targeting The Elderly
Last week I missed a phone call on my cell phone. I called back and I heard, “Hello, this is the IRS.” I hung up immediately. The IRS will NEVER call on the phone; neither will SoCal Edison or SoCal Gas. These are scams designed to trick the elderly. In this technological age, we need to be extr...READ MORE
Where Does Your Tax Money Go? Anyone? Anyone?
It’s tax time again, and as you look over your tax payments for calendar 2016, you’re undoubtedly wondering where those dollars are being spent. The Wall Street Journal recently published a chart which breaks down spending for every $100 of tax receipts—and concludes that the U.S. governmen...READ MORE