Gambling Winnings and Losses

 The following article was published by the IRS. If you gamble, you need to know that gambling winnings are generally taxable and must be reported on your tax return. If you itemize your deductions on Schedule A, then you may also claim your gambling losses and other gambling-activity expenses, such as travel back and forth [...]

Holiday Online Shopping Tip – Use Safe Methods for Purchases

With holiday shopping season in full swing, make sure that you use safe methods when making purchases online. When going to make a purchase, ask yourself what information you are handing over. Before providing payment and personal information, be sure to check the website's privacy policy so that you understand how your information will be used. [...]

Wrongful IRS Levy: More Time to Challenge

This video was published by the IRS. Have you or your business had wages or other assets seized or levied to pay off an IRS tax debt? If so, or if you believe the IRS seized the property in error, you now have more time to file a claim to get the money or property back. [...]

5 Budgeting Tips for Those Who Hate Cutting Back

Making and sticking to a budget shouldn't make you feel trapped. If done properly, it should actually make you feel financially free, since you are in control of your money as opposed to your money controlling you. But even so, many people despise the idea of budgeting. Here are five ideas that may help you budget, [...]

Avoid Phishing Emails

 This video was published by the IRS. More than 90% of identity thefts and data breaches start with a phishing email. Phishing scams pose as a trusted company, maybe your bank, a favorite retailer, your tax software provider, or your state tax agency...even the IRS. Here's one way to recognize a scam. The phishing email [...]