Tag Archives | taxes

Lord Bruce Dragonsbane, my LEGO Castle Sigfig

Those unfiled taxes won’t prepare themselves… or will they

So you forgot to file your income taxes.  It happens… time gets away and then one year turns into two, turns into a bunch.  The IRS doesn’t seem to notice for a while.  Then one day you get a friendly reminder that you haven’t filed your taxes.  You can bet that they’ve been noticing all […]

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Monopoly Income Tax Ver1

That’s no Valentine in your mailbox- what to do when the IRS sends you a not so loving letter

In a world of electronic communication, who doesn’t love getting a letter? As long as it’s from a friendly face and not signed, “your friend, the Internal Revenue Service.”  But if you’re one of the lucky millions who receive a letter from the IRS each year, what should you do? Job one:  OPEN THE LETTER.  Anything […]

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Andy gas mask

Go forth and spend well- tips to send off with your kids

Labor Day is a bittersweet holiday, isn’t it?  The end of the summer, squeezing in the last bits of fun and adventure, all the while looking forward to the return to normal structure September brings.  I love the leisurely pace of summer but by the end of August I can’t wait to get back into […]

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https://www.twin-loc.fr SECMA F16 - Circuit de Clastres le 10 mai 2014 - Image Picture Photo

Will the new tax cut cut into your auto deductions?

One not so frequently mentioned provision in the new tax law is the complete elimination of miscellaneous itemized deductions.  Because the deduction was only helpful to the extent that they exceeded 2% of adjusted gross income, just a minority of taxpayers used it.  But for those that did, especially those who qualified because of unreimbursed […]

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Thief

The IRS Breach and What it Means to You

Data breaches have become so common lately that you may not even blink.  However when it happens to the Internal Revenue Service and affects some 100,000 taxpayers, that’s bound to get your attention.  This week the IRS announced that not only did hackers compromise the tax records of those 100,000; attempts on another 100,000 were […]

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