Giving the finger to the IRS is never a good idea!

It’s never a good idea to give the finger to any federal authority; especially the IRS.

http://www.cbsnews.com/news/irs-gets-fake-bomb-finger-ex-defense-contractor-authorities/

Sadly, a man sent a fake bomb and his real finger to the IRS, as well as a bullet and a joint.  He is now in jail.

In addition to tax issues, there were clearly other factors here that led to this particular act.  I am not a psychiatrist nor do I have specifics on this person’s tax case (nor could I comment if I did), but I can share from experience with hundreds of clients with tax problems that people get stressed out and not everyone has a normal reaction, although most reactions are less drastic.

Many of these people let years and years go by before taking steps to settle their issues.  Another bad idea…….it doesn’t get better with time.

Believe it or not, if you have a tax problem, you have options.  You may not know what they are, but a good tax professional will.

Keep your digits and get help.

Abby

Pick up your copy of “101 Ways to Stay Off the IRS Radar“, available at Amazon and Barnes&Noble.com.  It is the most fun you will have with taxes, and you’ll learn important information you can use year round!

Summer Brides & Grooms — Don’t Marry an IRS Nightmare!

The questions has been popped, the ring is on the finger, and the wedding plans are in motion.

Tax and financial expert Abby Eisenkraft from REAL LIFE TAX ADVICE shares 3 important questions to ask your intended BEFORE you say “I Do”:

√   Ask your spouse-to-be if all tax returns have been filed, and if there are any outstanding balances.

Why?  If you file jointly next year, you may lose an expected refund.  And you don’t want to start your marriage in debt!

√   Ask your spouse-to-be if there are any back-year unresolved tax problems, including any open audits.

Why?  Tax problems come up at the most inopportune times.  They always crop up right before a vacation, wedding, big event, etc.  And if a tax problem is large enough, the IRS can confiscate your passport.  Sure way to ruin a honeymoon!

√  Ask your spouse-to-be for a “sit down” to compare your paystubs and ensure enough tax is withheld.

Why?  The choices you made when you were single might have worked for  you then, but may not work now.  You may find yourself in a new tax bracket, and there are other considerations when you have a change in filing status.  A small investment in some tax planning with a professional now may pay off handsomely in the future.

Congratulations to all of you summer brides and grooms.  If there is a tax problem, deal with it together.  You can sort it out before tax season, and maintain that marital bliss!

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