Cindy Hockenberry
Cindy Hockenberry
asking competent guy next start until
You don't know who's more competent than the next guy until you start asking questions.
consumer eyes income pay
Because the consumer did not have to pay the amount, it is income in the eyes of the IRS.
account best free funds grows income money reduce retirement save tax taxable year
If you want to save tax dollars, deferring your funds into a retirement account is probably the best solution. That money grows tax free and (if you take out a traditional IRA) you reduce your taxable income in the year you make the contribution.
If you're getting a refund, you'll get that refund sooner.
lowest standard
If you know your itemized deductions will be more than the standard deduction, you can still just use the standard deduction to get an idea in your mind. This will give you the lowest estimate.
good
When you really think about it, when you give up your U.S. citizenship, you give up a lot. It's not as good as it sounds.
area asking background behind open people stand start suggest
I would suggest people start out by asking how long they've been in business, what their background is, and do they have a degree, which isn't required. Have they been in the area for a long time? Are they open all year? Do they stand behind their work?
dangerous money spend time
I think it's dangerous any time you spend money before it's in your hand. You never know what's going to happen.
early employees last minute people plan realize reason start until wait
People often wait until the last minute to get this done and realize they can't do it this year. Another reason they should plan early is so they can notify their employees so they can start deferring their money.
anyone needs worry year
For this year there's not a lot than anyone needs to worry about.
defined definitive guidelines irs trader whether
It all comes down to whether you're defined as a trader or an investor. There's so much misinformation out there on the distinction, because the IRS hasn't really issued definitive guidelines on it.
catch good harder june later review sit tax time until wait
June is a good time to sit down with your tax practitioner and review things to date. If you wait until later it is going to be harder to catch up.
giving money sam sweet throughout uncle year
That's the sweet spot. Then you know you had your money all throughout the year and weren't giving Uncle Sam an interest-free loan.
audit irs leave letter people throw until
You'd be surprised: Many people think that if they throw their audit letter away it's gone. But it's not. The IRS isn't going to leave you alone. They'll keep at you until they get their audit.