Tax Return

Alimony in the IRS Spotlight

2019-07-02T20:51:08-04:00April 13th, 2017|

A couple of years ago, the U.S. Treasury released a report highlighting a disturbing level of non-compliance in alimony reporting on tax returns. Since the report was released, the IRS has increased the scrutiny they place on tax returns with these claims. If you file a tax return involving alimony, make sure you know the facts [...]

Will You Have to File a 2016 Tax Return?

2017-02-03T23:04:02-05:00January 9th, 2017|

The filing requirement rules for individual federal income tax returns are fairly straightforward. In general, you are required to file a return based on your filing status, your gross income, and your age. Here's an overview of the rules for 2016 tax returns. Single taxpayers (including those who are divorced or legally separated). If you're [...]

Deter Identity Theft with Fraud Alerts and Security Freezes

2019-07-02T20:51:16-04:00March 23rd, 2016|

If a fraudster steals your identity, you may find yourself embarking on an unpleasant journey to recover your good name and pilfered finances. Fortunately, tools are available to prevent and minimize potential losses. Here are two options to consider if you suspect your personal data has landed in the wrong hands. Fraud alert. Say you [...]