Facebook-linked pre-IPO scams – official warning

FINRA.org – The Financial Industry Regulatory Authority (FINRA) has issued a warning about scams that purport to offer investors’ access to pre-IPO shares of well-known social media companies, including Facebook. Seizing upon investor demand for shares of the private stock of high-profile companies, the con artists behind these scams are swindling the public by peddling […]

Taking control of your financial future – tips from FINRA

FINRA.org – The Financial Industry Regulatory Authority (FINRA) Investor Education Foundation has made available “Take Control of Your Financial Future: Tips to Think About at Tax Time and Beyond,” which provides consumers with helpful advice on avoiding financial pitfalls and getting their finances on the right track. The financial tips in Take Control of Your […]

Make your home more energy efficient – 4 tips

As gas price soar, many people are looking for ways to pinch pennies in other parts of their budgets. By making your home more energy efficient, you can lower your utility bills and keep more money in your wallet. Consider these tips below to find ways to save around the house. Find energy savings: With […]

After the tax return has been filed

IRS.gov – Now that the federal income tax filing deadline is in your rear-view mirror, what happens after you file? A lot of taxpayers have post tax-filing questions such as what records do I keep and more importantly, “Where’s my Refund?” The IRS has provided answers you can find here: Tax Refund Information You can […]

Managing tax records, documents to keep – 5 tips

IRS.gov – After you file your taxes, you will have many financial records that may help document items on your tax return. You will need these documents should the IRS select your tax return for examination. Here are five tips from the IRS about keeping good tax records. 1) Normally, tax records should be kept […]

Filing an amended tax return – 9 facts

IRS.gov – An amended tax return generally allows you to file again to correct your filing status, your income, or to add income tax deductions or tax credits you may have missed. Here are nine facts the IRS wants you to know about amending your federal income tax return: 1. Use Form 1040X, Amended U.S. […]

Received an IRS notice? 8 things to know

IRS.gov – Each year, the Internal Revenue Service sends millions of letters and notices to taxpayers for a variety of reasons. Here are eight things to know about IRS notices – just in case one shows up in your mailbox. 1. Don’t panic. Many of these letters can be dealt with simply and painlessly. 2. […]

Tax penalties from the IRS – eight facts

IRS.gov – When it comes to filing a tax return – or not filing one – the IRS can assess a penalty if you fail to file, fail to pay or both. Here are eight important points the IRS wants you to know about the two different penalties you may face if you do not […]

3 ways to pay federal income tax

IRS.gov – People who owe taxes but can’t pay the full amount owed by the April deadline should still file their return on time and pay as much as they can to avoid penalties and interest. If you can’t pay the full amount, you should contact the IRS to ask about alternative payment options.  Here […]

Federal tax refunds – 10 points

IRS.gov – Are you expecting a tax refund this year? Here are 10 things the IRS wants you to know about your refund. 1. Refund Options – You have three options for receiving your individual federal income tax refund: direct deposit, U.S. Savings Bonds or a paper check. You can now use your refund to […]

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