Tax season is upon us and, unfortunately, with that comes a variety of tax fraud. These scams often involve phone calls, phishing, identity theft and fraudulent accountants. Phone scams are one of the most prevalent forms of fraud and have cost victims more than $72 million since October 2013. The good news is that data…
Last week, in response to confusion surrounding the 2018 tax law that was passed in December, the IRS released an updated online Withholding Calculator. The tool is designed to help taxpayers make sure they are not wildly underpaying or overpaying what they will owe. The new law is highly complex and made changes that included…
On Wednesday, the Trump Administration released their nine-page tax plan titled “United Framework for Fixing Our Broken Tax Code.” That’s a mouthful. The full text of the plan can be found here. So how will the proposed tax-plan affect you? The reviews are in, and they suggest that while the plan is considered “finalized,” there is…
This article was originally published on NerdWallet.com Trying to pick individual stocks is a losing game, and this doesn’t just apply to individual investors. It’s also true for professionally run, actively managed mutual funds. Actively managed funds are tasked with picking a collection of stocks and bonds that will outperform market indices, or benchmarks, such as…