March 2021

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Income the IRS Can’t Touch

Wouldn’t it be nice to have a source of nontaxable income? You may be more fortunate than you realize. Here are several types of income that the IRS does not tax.

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Tax Return Review Hints

Prior to e-filing your tax return, you will need to review it. Here are some suggestions to ensure that everything looks right.

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Defending Fair Market Value

With proper planning, establishing the fair market value of an item sold or donated can be done in a way that can be defended against a challenge from the IRS.

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Review Your Social Security Earnings Report

When was the last time that you reviewed your Social Security records? Waiting until retirement may be too late to correct past errors. Luckily, there are steps that you can take now to be prepared.