More and more preparers are starting to use the term “IRS Certified” to promote themselves as a reliable source for tax preparation. But what does that mean? If you search for “IRS Certification” at irs.gov, you don’t get anything relating to tax preparers. If you search the Internet, you do find a reference back the…
The Tax Ramification of Job Loss
I came across a great document provided by the IRS to assist taxpayers who have gone through a job loss. View the IRS Publication 4128 here . It’s very easy to read!
The Expensive Tax Deduction
I get a lot of questions with regards to what can be deducted for tax purposes. I want to caution you though that you are not paying extra just to save on your taxes. The biggest example of this is the home mortgage. Many people ask me about having or maintaining a home mortgage for…
