News & Perspective

Winnings on super bowl taxable. If you won money on the Super Bowl, remember that the earnings are taxable. We have run into virtually every reason why people have fallen behind on taxes. Some good, some bad. Gambling winnings and losses are somet... Read More

Taxpayers will make this move in 2019. Though tax season has only just kicked off, many filers are already in the process of gathering their paperwork, combing through receipts, and taking other such necessary steps to get their returns fired off.... Read More

Many americans will owe taxes in april. That may come as a shock after passage of the Tax Cuts and Jobs Act, but the truth is that the bill President Trump and the Congress passed is turning out to be a case by case basis, for many people. Even th... Read More

Taxation puts social security in a mess, There's little argument that Social Security is a financial pillar for most seniors. Each month, more than 43 million retired workers receive a benefit check, with more than 60% of these retirees leaning on... Read More

Benefits of medicare and social security. Are they better taken at different times ? Millions of seniors depend on Social Security to pay the bills in retirement. Similarly, millions look to Medicare to cover their health related needs. And while ... Read More

Six tax deductions you will lose in 2019. If you were hoarding receipts in a shoe box in the hope of claiming a big break on your 2018 taxes, prepare to be disappointed. That's because the Tax Cuts and Jobs Act placed steep limits on itemized dedu... Read More

Centralized partnership audit rules. These have changed at the IRS.  The statistics on partnership returns are overwhelming. Based on the data provided by the 2017 IRS Data Book and IRS bulletins the IRS has examined only 1% of partnership returns... Read More

Alpine man owes for years of unpaid tax. Fifty seven year old Kevin Scott Wynn has reportedly lived part of the time in Alpine and part of the time in Mesa since 1996 but if he's found guilty of tax evasion and failing to file tax returns he may b... Read More

Tax cuts and a Merry Christmas. Christmas Bells are ringing for lots of Americans this year, as the economy is buzzing along, jobs are plentiful, gains in wages are finally moving upward, and a feeling that the worst of the great recession is fina... Read More

Clouds gather over economic expansion. After galloping along for the past two years, the global economy is showing signs of weakening, with the United States, China and Europe all facing the rising threat of a slowdown. Few economists foresee an o... Read More