by Leif Jensen | May 12, 2012 | General |
It is interesting what Congress has been tossing around to be limited or out an out eliminated with the possibility of tax reform: mortgage interest, charitable contributions and state taxes. For the vast majority of my clients that basically leaves property taxes as...
by Leif Jensen | May 12, 2012 | General |
It is interesting what Congress has been tossing around to be limited or out an out eliminated with the possibility of tax reform: mortgage interest, charitable contributions and state taxes. For the vast majority of my clients that basically leaves property taxes as...
by Leif Jensen | May 12, 2012 | General |
This tax season the IRS continues to be flooded with notifications from victims of tax-related identity theft. Scammers are using stolen Social Security numbers to get unauthorized refunds, and the victims are finding out there’s a problem only when their tax return...
by Leif Jensen | May 4, 2012 | General |
Where do you spend your advertising dollars and time? I was at a SCORE seminar sponsored by Palatine Bank and Trust ; that shared a formula for advertising that I have to admit that I had never seen or heard of before. Time ...
by Leif Jensen | May 4, 2012 | General |
Where do you spend your advertising dollars and time? I was at a SCORE seminar sponsored by Palatine Bank and Trust ; that shared a formula for advertising that I have to admit that I had never seen or heard of before. Time ...
by Leif Jensen | May 3, 2012 | General |
According to the Supreme Court the IRS only has three years to seek back taxes based on an overstated tax basis. According to a case where a business understated the gain from the sale of an asset because an inflated tax basis was used. The Service stated it had six...