by Leif Jensen | Apr 4, 2017 | General |
The futurists predicted that ATM cards will soon be a thing of the past, and they were correct. Banks and ATM service providers are racing to deploy new technology machines that will offer bank customers cardless access to their cash. JPMorgan Chase has...
by Leif Jensen | Apr 3, 2017 | General |
Are you paying alimony? Make sure to verify the language in your divorce agreement. The instrument cannot say the amount is nondeductible. Two taxpayers who were required to make payments to ex-spouses learned this lesson the hard way. The IRS reversed...
by Leif Jensen | Apr 2, 2017 | General |
With the new boxes on Form 1098, the IRS is collecting more data on home mortgage interest. Lenders must now report the amount of principal outstanding at the start of the year, the mortgage origination date and the address of the property securing the loan....
by Leif Jensen | Mar 29, 2017 | General |
It was determined in a recent court case that the IRS cannot collect back payroll taxes from a business owner’s father, at least in this case. The father, who informally helped out at a restaurant that was owned by his son, took it upon himself to sign four...
by Leif Jensen | Mar 28, 2017 | General |
I have written about Bitcoin in the past. How it is the currency of choice used in the marketplace for the dark web and other illicit online activities. But it seems that the odds are in favor a green light for retail trading of bitcoins on a major exchange....
by Leif Jensen | Mar 27, 2017 | General |
Do you use any of the preventive measures that are built into your smartphone to protect you from hackers? Since they are built into the mobile devices they do not cost you any extra money. First amongst them is the ability to use a PIN or fingerprint to lock...