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  • Rambo
    Competency: The lost art
    I’m going to be as diplomatic about this as I can. On our little planet, there are a lot of people with a wide variety of skills. That being said, not everyone is skilled in everything. Some people are great when it comes to painting...
  • Hillary Clinton
    Hillary Clinton proposes to financially handcuff Americans
    Yesterday, July 24, 2015, Democratic Party presidential candidate, Hillary Clinton proposed a tax plan that would devastate Americans financially. While some presidential candidates are talking about ending capital gains taxes, Clinton's plan...
  • Relaxation vs. Stress
    Tax Terms 101: Installment agreements
    Installment agreements are one of those things that should be simple. They should be as easy as one, two, done, but somehow they’re not. Installment agreements, also known as payment plans, are perfectly straight-forward in concept: when you...
  • Same Sex Marriage
    Federal Tax Implications For Same-Sex Spouses
    Same-sex marriages are now recognized for federal tax purposes. United States v. Windsor, is an important court case. The Supreme Court changed federal laws interpreting the meaning of "marriage" and "spouse" to a to include...
  • Meeting halfway
    Tax Terms 101: Offer in compromise
    You’ve probably heard about offer in compromises (OIC) before. And, thanks to your second grade teacher’s age-old wisdom, you know that a compromise is a way for both parties to get a portion of what they wanted. While that much is...
  • Tea and Taxes
    Tax Terms 101: What on earth does that mean?
    Now we’re asking the right questions! Sometimes us tax professionals forget about all of the head-scratching and book-learning that got us to where we are. Long story short, taxes are complicated. I’d even argue that there’s...
  • Books
    Tax Resolution Scams: Details and defenses (Part 2)
    In Part 1of this look at tax resolution scams (looking at you, “Wave-goodbye-to-your-tax-problems-for-only-$4,500” guy) we took a look at how scam companies use fear as a factor for gaining access to your wallet. By making you feel...
  • Taxes are no longer amusing
    Taxes are no longer amusing
    Chicago politicians are practicing their “we give it and now we take it away” policy; in December 2014 city council passed the minimum wage for all Chicago workers, the first increase to $10 began July 1, 2015, that date also was the...
  • 4 rebuttals Carl Gibson’s HuffPo Minnesota claims
    4 rebuttals Carl Gibson’s HuffPo Minnesota claims
    Far left Huffington Post blogger C. Robert Gibson recently wrote an article claiming that Minnesota’s liberal billionaire governor had proven once and for all that “trickle down is bunk”. It’s a great opinion piece...
  • Democratic presidential candidate Hillary Clinton speaks at The New School on July 13, 2015 in New York City.
    Hillary Clinton goes after Uber
    Hillary Clinton, a candidate for president of the United States, delivered what the Wall Street Journal described as a “wide ranging” remarks on the economy at the New School in New York City on Monday. For the most part her speech was...
  • Future
    Tax Resolution Scams: Fear as a factor (Part 1)
    We’ll start with a pretty simple question: Do you know everything about the IRS? If you answered yes, then you’re undoubtedly the chosen one of the tax resolution community! However, for the rest of us – tax professionals and IRS...
  • IRS Fresh Start Programs
    The realities of IRS Fresh Start programs
    In 2011, when the IRS announced the Fresh Start programs, we all thought that the IRS was showing a more compassionate side towards the struggling taxpayers. The program was meant to help those people by easing policies related to tax liens,...
  • Future
    Choosing the right FBAR attorney for you - Audit representation (Part 2)
    The first part of our look at the FBAR dealt with the basics – what is the FBAR and how can I set myself up for success? The Report of Foreign Bank and Financial Accounts, more commonly known as the FBAR, is a product of the Financial Crimes...
  • Foreign Currency
    What is an FBAR and how does it relate to me? - Audit representation (Part 1)
    If you find yourself asking, “What is an FBAR and how does it relate to me?,” then you’re not alone. If – like so many others who are worried and confused – you find yourself searching the internet for answers, you...
  • IRS tax deductions
    Get a bigger IRS tax refund in 2016 with these deductions
    Frequently missed tax deductionsTax payers rush to get taxes done at the beginning of each year, but most of them miss deductions that can greatly increase their tax refund. We are going to uncover them for you right now.Moving related costs. Did...
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