Summer is the time when many people move to new homes. If you recently moved, you should let the IRS know your new address. Also, if you filed a joint return and you and/or your spouse have since separated, you both should notify the IRS of your new addresses. This is not legally required, but … More Did You Move? . . .
In the event of fraud relating to any of your financial records visit the the IRS website Taxpayer Guide to Identity Theft at http://www.irs.gov/uac/Taxpayer-Guide-to-Identity-Theft. This site refers to IRS Form 14039. It has two options; one for current issues and one that might effect future returns. Informing the IRS ahead of time about a known issue may … More Tax Tip
The following is an Article I found to be interesting on Social Security: http://www.montereyherald.com/opinion/20151007/kenneth-petersen-financial-planning-social-security-tips
The federal income tax rates for 2015 are the same as last year: 10%, 15%, 25%, 28%, 33%, 35%, and 39.6%. However, the rate bracket beginning and ending points are increased slightly to account for inflation. For 2015, the maximum 39.6% bracket affects singles with taxable income above $413,200, married joint-filing couples with income above … More TIME TO START YEAR-END TAX PLANNING . . .