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Be Wary: Tax Time Is Prime Season for Fraud
Thursday, April 2, 2015 - 11:45am | 985Read More...Before you decide how you will spend, save, or invest your tax refund, you'll want to make sure the check is in the mail to you or your bank account—not a criminal’s. Tax refund fraud is on the rise. The IRS estimates it paid $5.8 billion in fraudulent refunds in 2013, the...
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The 10 Most Important Tax Season FAQs
Saturday, February 21, 2015 - 3:45pm | 867Read More...1. How are securities taxed? Securities traders need to watch out for higher tax rates, wash sales, capital-loss limitations and accounting challenges. Realized transactions in securities are reported trade by trade (or line by line) on Form 8949, which feeds into Schedule D where short- and...
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Where To Go For Free Tax Advice
Monday, January 27, 2014 - 11:20am | 556Read More...Unless you’re in the tax business, you likely have at least one question as your preparing your return each year. Where do you go if you have a question that isn’t answered (in language you can understand) by a simple Google search? Get on the Phone Yes, you can phone a friend although that...
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Big Concerns With Botched 1099-Bs and Discrepancies on Form 8949
Saturday, March 10, 2012 - 4:19pm | 1838Read More...By Robert A. Green, CPA and founder of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) As the leading CPA firm for preparing income tax returns for active online traders, we are spotting significant discrepancies between 2011 Form 1099-Bs provided by securities brokers –...
