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Tax News
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2018 Year-End Tax Planning
Tax Cuts and Jobs Act Creates New Planning Opportunities Year-end 2018 presents challenges and opportunities for tax planning that have not been present before. The Tax Cuts and Jobs Act (TCJA) is the most significant tax legislation in over 30 years. Just about every taxpayer of every type is affected by the changes to the […]
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IRS Scams: IRS Sets the Record Straight
To help taxpayers avoid scams in which criminals impersonate IRS employees, the IRS has published a Fact Sheet setting out the ways it does, and does not, contact taxpayers. Since 2013, the Treasury Inspector General reports that more than 10,000 victims have collectively paid over $54 million to scammers posing as IRS officials. IRS impersonation […]
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What Do I Do If I Lost an Original Will?
Houstonians lost many valuable papers during the flood of Hurricane Harvey. Some of these papers are relatively easy to replace. But others are not, such as an original will. It can be an expensive nuisance to have a new will prepared. That is one reason why you should keep your original will in a safe […]
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PENNIES ON THE DOLLAR!! REALLY??
The radio announcer captures your attention with, “Do you owe more than $10,000 to the IRS? If so, call [XYZ] Company and they will: (1) resolve all your problems, (2) get IRS off your back, and (3) remove most (if not all) of your tax debt.” It sounds too good to be true and it […]
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