Monthly Archives: November 2017

//November

Common reasons for an IRS Audit

Most people panic when they are notified they are being audited by the IRS. The IRS audits only slightly more than 1% of all individual tax returns annually. Some of these audits are at random, but the IRS often selects taxpayers based on suspicious activity. An IRS audit is a review or examination of an organization's [...]

By | 2018-01-19T18:58:18-04:00 November 29th, 2017|Tax Penalties|0 Comments

Refundable Tax Credits

When filing your income taxes each year, you may seek to lower the amount of taxes you owe, seek the largest possible refund, or avoid paying more in taxes than you are legally required to pay. Tax credits can help accomplish all of these objectives. Typically, there are two types of tax credits available to [...]

By | 2018-01-19T18:58:18-04:00 November 17th, 2017|Tax Credits|0 Comments

Five Common Estate Planning Mistakes to Avoid

Estate planning isn’t only for the wealthy. The reality is that estate planning is important for everyone, regardless of how many assets you own or your marital status. Estate planning is the process by which an individual or family arranges the transfer of assets in anticipation of death. Estate planning allows you to avoid the [...]

By | 2018-01-19T18:58:20-04:00 November 6th, 2017|Estate Planning|0 Comments