Oh No! Your Tax Refund is Now a Bill

By Dana McGuffin | March 26, 2024 | Comments Off on Oh No! Your Tax Refund is Now a Bill

  Many taxpayers start preparing their tax return with hopes of receiving a sizable refund, only to find out that their actual refund is much smaller than expected — or that they actually owe the federal government money instead! If this happens to you, here are some of the likely reasons: Higher take-home pay. Look at…

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Common Tax Mistakes When Selling a Home

By Dana McGuffin | July 15, 2021 | Comments Off on Common Tax Mistakes When Selling a Home

With home sales booming throughout much of the country, you may decide that now’s the right time to put your abode on the market. If you do put your primary residence up for sale, try to steer clear of the following mistakes. Not qualifying for the home sale exclusion. If you’ve owned and used your home…

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Post 3 of 5: The Key Elements of Fraud

By Dana McGuffin | January 5, 2015 | Comments Off on Post 3 of 5: The Key Elements of Fraud
Key Elements of Fraud

Let’s continue our discussion on fraud. (For our 2nd Post on fraud with recent examples we’ve seen, click here.) FRAUD \ noun\ ‘fröd\ Definition of FRAUD 1a: DECEIT, TRICKERY; specifically : intentional perversion of truth in order to induce another to part with something of value or to surrender a legal right. In other words, fraud…

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