- “We’re your biggest advocate, except when we’re not.”
- "What we charge is all over the map.”
- “Your future looks bright, according to our software.”
- “There’s no easy way to judge our stock-picking performance...”
- “...But we’re tops at raking in the dough.”
- “We get paid by mutual-fund companies…”
- “…And the loan departments of banks.”
- “You read our disclosures, right?”
- “We put more initials after our names than crown princes do.”
- “You want to sue us? That is so cute.”
Income tax developments. This page provides generalized information and may not apply to you and should not be acted upon without specific professional advice. You should consult your tax adviser if you have any questions.
Sunday, March 31, 2013
10 things financial advisers won’t say
Labels:
financial planning
Friday, March 22, 2013
IRS releases Parody Star Trek video
Looks like the IRS has too much money in its budget:
http://www.cbsnews.com/video/watch/?id=50143433n
http://www.cbsnews.com/video/watch/?id=50143433n
Labels:
IRS
Thursday, March 21, 2013
12 tax audit red flags
While I don't think #2 is a red flag per se, I pretty much agree these are some of the areas that can cause an IRS audit. But how the IRS selects tax returns for audit is a well kept secret. Nobody really knows.
http://money.cnn.com/gallery/pf/taxes/2013/03/21/tax-audit/index.html
http://money.cnn.com/gallery/pf/taxes/2013/03/21/tax-audit/index.html
- You have foreign assets
- Your ex wants revenge
- Your return has too many zeroes
- You have a home office
- You forgot some income
- You claim fishy deductions
- You're rich
- You say the wrong things
- You do a lot of 'work-related' driving
- You exaggerate donations
- You own a money-losing business
- You have a shady tax preparer
Wednesday, March 13, 2013
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