Month: January 2018

One of our team members sent us this video, and we though it was so funny, we had to share! Watch the video below to see a millennial in a tax audit.

According to Financial Advisor, "The Internal Revenue Service is letting hundreds of thousands of high-income individuals duck their tax obligations, according to a government watchdog report. The Treasury Inspector General for Tax Administration found that 879,415...

If you earn six figures and haven’t been filing your taxes, the IRS may come knocking. The agency said Wednesday that it is stepping up its efforts to visit high-income taxpayers who failed in prior years to file their tax returns on time. Revenue officers across the...

Have you been affected by the Equifax Data Breach? We want you to know that there is an easy way to check if your information was affected. Please read the information below to see how you could be part of the class action lawsuit.   COURT APPROVED LEGAL NOTICE...

Unless you’re the type who likes the stress of the last-minute tax scramble — and potentially missing out on tax savings — it’s worth squeezing in a little tax planning in the next few weeks between the ugly sweater parties and holiday work mixers. Of course, it’s...

Here at Taxman & Associates, we want to make sure that you are managing your money in the smartest way possible. We all know that debt is something we would all like to be rid of, but how can we make sure that you are using your mortgage debt and cash on hand to...

The end of 2019 is almost here, and we at Taxman & Associates want to make sure that we are helping you minimize what you owe in 2020. With the amount of changes to US tax laws since 2018, how are you lowering your tax liability? Merrill Edge created a good...

  The 2018 tax season is over, and we've made it out alive! It's now time to look forward to the 2019 season and we are gearing up for some possible changes to the US tax code. Treasury Inspector General for Tax Administration (TIGTA) has just released their 2020...

It's approaching the fall season at Taxman & Associates, which means we're already busy churning through extension-deadline Tax Returns. If you extended your Tax Return this year, remember - preparers need several weeks of lead time in order to be able to complete...

Planet money is a fascinating podcast that I highly recommend if you'd like to be more informed about money matters. This is an episode I found particularly interesting, about how a man named Luca Pacioli, "a monk, a mathematician, a magician and, possibly, the...