And you think WE’VE got it bad!

"The wisdom acquired with the passage of time is a useless gift unless you share it." - Esther Williams It sometimes seems to me like this country is torn up with envy. (By the way, I hope you had a great weekend. Mine was nice and slow at home and outside with the...

Centralia IL Tax Preparer Explains Why You Need An Estate Plan NOW

I'm once again spending my morning scattershooting around news in the tax industry, while simultaneously preparing for a sure-to-be-busier tax season here in the Centralia IL area (thanks for all the recent referrals -- keep 'em coming!) AND navigating the perils of...

Centralia Accountant Explains How to Care for Mom & Dad (part 2)

With Mothers Day behind us, I suppose it's appropriate to continue my series, focused on caring for our mothers (and fathers) WELL, when the time comes. And seeing last week's post on the topic shared around on Facebook (both around Centralia IL and beyond), responses...

Thanking ahead

"The best years of your life are the ones in which you decide your problems are your own. You don't blame them on your mother, the ecology, or the President. You realize that you control your own destiny." - Albert Ellis It's Thanksgiving Week around here [and, I...

Centralia IL Tax Office Explains What’s Actually Being Extended

I've been saving up all kinds of wise financial and personal strategies to share with you straight from "Centralia IL Tax Preparer Central", but I hope you'll allow me some forbearance. It's fair to say that the office has been a little busy these last few months as...

Alan Newcomb On Hidden Fees Behind Popular Tax Chain’s “Free” Tax Prep

This past week saw some pretty tough economic news. Retail sales numbers for 2015 were released and the results weren't pretty. (Some commentary here: http://bloom.bg/1RwiUv5) On top of that, the stock market has been taking a dive, and Wal-Mart announced the closing...

‘Do it now’ tax moves

Ignorance is never better than knowledge. -Enrico Fermi In all of my years paying attention to the tax code, I don't quite remember a time like this--with so much up in the air, and the political climate looking like it could shift significantly. It's as if we're all...

Three Practical Financial Tips for the Multi-Generational Caretaker in Centralia IL

With summer in full swing, for some of my Centralia IL clients it means that the children are more "present" than they might otherwise be. The wallet might feel a little more leaky than normal, with summer camp expenses (and there *are* certain tax deductions for...

3+ Reasons Why Centralia IL Taxpayers Might Need to File an Amended Return

Well, we did it. You did it. We made it through the tax busy season. Every year, when I shut our Centralia IL office door on April 15th (the 17th this year -- er, the 18th, because of the IRS "issues"), I feel a huge weight lift off of my shoulders. Going home that...

Alan Newcomb’s Tax Extension Tips

Well, here we are. The personal filing deadline (April 18th) is *so* close. Yes, it's officially the final week of tax season -- and we are working our tails off for our clients! There's a lot of "business" in this note, so please make sure you read it all -- it could...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!