Tax Tidbits
The Senate approved a provision that would revoke the passports of those with delinquent tax debts. Read more tidbits in this Tax Tip.
Reporting Stock Transactions Becomes More Complicated
In 2011, brokers began to track the price paid for the securities in purchase transactions. Read what this means for you in this week’s Tax Tip.
Tax Strategist: Schedule Cs in the IRS’ Bull’s-eye
Schedule C returns have a 300% higher chance of being audited than a partnership or an S-Corporation. Learn more in this Tax Strategist.
How Insurance Companies Are Rated
When is a B- the same as an A+? When you’re reading rating agencies’ report cards for insurance companies. Read the guide in this week’s Insurance Tip.
In the News: To File, or Not to File—That Is the Question
Filing an extension doesn’t put you on an audit list. But, mismatched cost basis reporting could garner IRS scrutiny. We explain in today’s Marietta Daily Journal.
Tax Filing Deadline Rapidly Approaching
April 17, 2012 Deadline: 2011 taxes due, last day for 2011 contributions to an IRA & last chance to claim 2008 refund. Learn more in this week’s Tax Tip.
Eight Tips to Determine if Your Gift is Taxable
If you gave money or property to someone as a gift, you may owe federal gift tax. The IRS has eight tips to help determine if your gift is taxable.
Asset Protection Strategies Beyond Insurance
Insurance may not provide the protection needed for assets. Other strategies include transferring ownership to an entity. Learn more in this week’s Financial Tip.
Monday’s S&P 500 Highs Wiped Out by Poor Economic News Late Week
The “Money Talks” hosts discuss the week’s events that moved the markets.
Why Bond Funds Are Paying More Than the Bonds They Invest In
Dr. Gene Henssler shares his wisdom on bond funds, and how they can afford to pay the interest they do.