Home .. Income Tax

Income Tax

Tax Problems with Whole Life Insurance


Recently you hear in the news about Tax Court making negative decisions regarding whole life insurance. Usually case involves a policyholder challenging insurance company and or IRS regarding a 1099 reporting and the result usually means the policyholder looses. So most policyholders are really upset. Why? In most cases this results from a mishandled tax deferred account or a cash ...

Read More »

Have You Filed Your Taxes Yet!

Tax Refund

Tax time is something that we know is coming each and every year, yet many of us end up totally unprepared for the big day. A big part of the stress that people feel around tax time has more to do with their preparedness level than the actual result of the filing. In order to be better prepared this time ...

Read More »

Better Ways to Invest Your Tax Refund Money

Invest Tax Refund

Getting a tax refund is always exciting. It feels like you’ve just won the lottery. Many people think of tax refunds as free money to spend however they wish. Sure, you can do that, but you should really think of this as an opportunity to make smart investments. Why? Well, a tax refund isn’t free money. It’s actually money that ...

Read More »