March 21, 2020 Finances, News
Last month we discussed the SECURE Act and its projected $15.7 billion tax increase on beneficiaries of tax deferred retirement accounts (like 401(k)s, 403(bs), TSPs, IRAs, etc.). The only ones excluded from ...
Read More » March 17, 2020 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Landlords and duplexes Dear Dave, ...
Read More » February 29, 2020 50+ Lifestyles, Finances
We have a saying around our office that retirees are one of the highest and most unfairly taxed groups out there and with the recent passage of the SECURE Act things are ...
Read More » February 20, 2020 Finances
With the start of the 2020 tax filing season near, the Internal Revenue Service is reminding taxpayers to avoid unethical “ghost” tax return preparers. According to the IRS, a ghost preparer does ...
Read More » February 11, 2020 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, Is it okay ...
Read More » January 26, 2020 Finances
As tax filing season approaches, the Internal Revenue Service cautions taxpayers not to rely on receiving their refunds by a certain date, especially when making major purchases or paying bills. Some ...
Read More » January 16, 2020 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, We just helped ...
Read More » January 12, 2020 Finances
While we all love the season of giving, there is one place that many are likely giving far more than they should: the Internal Revenue Service. As we’ve pointed out in our ...
Read More » January 6, 2020 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Dear Dave, My two brothers-in-law ...
Read More » January 2, 2020 Church & Ministry, National, News
President Trump has signed the repeal of a tax law Congress passed that penalized churches and non-profits that had parking lots. The “parking lot tax” was an unintended aspect of the 2017 ...
Read More » December 26, 2019 Finances
One of the most common things I see when someone comes into our office for the first time if they own or have been pitched an annuity is the belief that the ...
Read More » December 16, 2019 Finances
Taxpayers may discover an error after filing their taxes. They shouldn’t panic, they just need to correct it by filing an amended tax return. Here are some common reasons to file an ...
Read More » November 20, 2019 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Helping is often more than ...
Read More » November 17, 2019 Finances
The first IRS problem would be if you have not filed tax returns for several years. After 3 years, the taxpayer will not get his refund if one is due him. The ...
Read More » November 4, 2019 Finances
Beneficiary designations are important in determining where certain assets of an estate will end up. Many think that a will or trust is what determines where everything goes. This is not necessarily ...
Read More » October 25, 2019 National, News
Car dealers may have a busy New Year’s Eve if Illinois residents try to beat a significant sales tax expansion on vehicle trade-ins that starts in 2020. The state currently collects no ...
Read More » October 12, 2019 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. You don’t fake poor Dear ...
Read More » October 6, 2019 Finances
Enrolled Agents are tax professionals licensed to represent taxpayers before the IRS. The Enrolled Agent designation dates back to 1884, when many taxpayers were victimized by unscrupulous representatives when claiming losses in ...
Read More » September 11, 2019 Finances
Last month, in part one of this article, we discussed how you might be in a lower tax bracket in retirement, but pay a higher tax rate. In this article, we’ll look ...
Read More » September 2, 2019 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. Getting motivated Dear Dave, My ...
Read More » August 24, 2019 Finances
One of the most overlooked, but perhaps most important, aspects of retirement income planning is taxes and how they relate to Social Security. Taxation on Social Security benefits works differently than other ...
Read More » August 22, 2019 Finances, Kansas News, News, Topeka News
City and county officials in Johnson County recently told the Kansas City Star they are ‘puzzled’ by sluggish sales tax collections and consumer spending. They shouldn’t be. Local officials should realize the obvious. Kansans ...
Read More » August 20, 2019 Church & Ministry, Columns
A public debate has started concerning the Kansas Supreme Court, who recently found the right to an abortion in the Kansas State Constitution. Is the church legally restricted from participating in the ...
Read More » August 6, 2019 Finances
Need some financial advice? Debt and income crisis? Pay off the house mortgage first? Check cashing? Taxes? Credit Cards? Check out what folks are asking Dave Ramsey. If you can’t afford ...
Read More » July 26, 2019 50+ Lifestyles, Finances
The last couple of years have been a rough one for many charities out there. Most have experienced an increasing demand for their services while simultaneously seeing a large drop off in ...
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