Well, this is a solid myth, that’s for sure. Smart and ethical CPAs are recommending that their clients not just walk, but sprint away from the Memorandum Deferring Payroll Tax Obligation. Let me preface this by declaring that I’m not an attorney and that all of this is my opinion. But I can read and […]
MYTH : Trump’s Social Security Tax Holiday Will Help Employers and Their Employees Read More »
Reminder: These Financial Myths Headings are Myths. No. 8-10% is not a reasonable rate of return, even though national investment “superstars” still claim that it is.Here in Oregon, that point has been driven home . . . again, unfortunately, by Aequitas Management. The article that follows is long but instructive. (Thank you Advanced Regulatory Compliance,
8 to 10% Is A Reasonable Expected Rate of Return Read More »
This blog heading is colloquially true, especially when it comes to Investment Adviser contracts. A recent review of compliance violations found- first of all- that 22% of advisers didn’t have contracts with their clients. A contract isn’t required unless a fee of some kind is collected from or owed by a client. So if you
THE DEVIL IS IN THE DETAILS Read More »
Ok, this is NOT a myth. These steps come verbatum from the ever-helpful IRS. RS Security Awareness Tax Tip Number 3, December 7, 2015 Español The theft of your identity, especially personal information such as your name, Social Security number, address and children’s names, can be traumatic and frustrating. In this online era, it’s important
Seven Steps for Making Identity Protection Routine Read More »
Wish this was true, but it’s yet another Financial Myth. You can read the whole article here, or, my abridged version below.http://www.irs.gov/uac/Newsroom/IRS-Warns-Taxpayers-to-Guard-Against-New-Tricks-by-Scam-Artists It’s good to know the 5 things IRS will not do: Angrily demand immediate payment over the phone, nor will the agency call about taxes owed without first having mailed you a bill. Threaten
RELAX, IRS has eliminated Fraud Read More »