July 13, 2011
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Wells Fargo Announcement Could Mean the End of Reverse Mortgages
You’ve probably seen Robert Wagner or Fred Thompson in television commercials extolling the benefits of reverse mortgages. But if the trend of tumbling home prices continues, the future of reverse mortgages is uncertain. One thing we are certain of, however, is that the two biggest providers of reverse home mortgages recently announced they are leaving […]
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Stock Market: First Quarter Shows Gains; Greek Debt Crisis Rattles Investors
Investors were pleased to note that first quarter economic results showed a modest expansion despite lingering weakness in the housing sector. The nation’s gross domestic product grew at an inflation-adjusted annual rate of 1.9 percent – a little better than original estimates of 1.8 percent, but a drop-off from 2010 when GDP increased 3.1 percent. […]
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Retirement Plan Options for a Small Business
As a small business owner, both you and your employees need a plan that will provide the income flow needed for a secure retirement. There are many variables involved in choosing the right one. These include the number of employees, business income, age of employees, tax regulations and how much you and your employees plan […]
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Preparer Registration Protects the Taxpayer
Unless you are in the tax return preparation business, it’s not likely that you’ve heard much about the controversies surrounding the Internal Revenue Service’s proposed return preparer regulations. Why would you even care about them if you’re not a tax return preparer? That’s what we will explore this month. Why Preparer Regulations Matter Until this […]
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National Taxpayer Advocate Submits Mid-Year Report to Congress
July 7 2011 Identifies Priority Challenges and Issues for Upcoming Year National Taxpayer Advocate Nina E. Olson today released a report to Congress that identifies the priority issues the Taxpayer Advocate Service (TAS) will address during the coming fiscal year. The report expresses particular concern about the impact of IRS budget cuts on taxpayer […]
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