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The Truth About Credit Cards

You can use the fanciest computers to gather the numbers, but in the end you have to set a timetable and act. - Lee Iacocca How was your Memorial Day Weekend? Mine was pleasant...and, of course, sobering. With all of the news flying around this week (North Korea,...

Re: Guarding Against Your Own Private Downgrade

"No one is in control of your happiness but you; therefore, you have the power to change anything about yourself or your life that you want to change." - Barbara de Angelis Last week, we were all reeling a little from the S&P downgrade and all of the...

Newcomb’s Simple, 4-Step Plan For Organizing Your Financial Records

The events in Charleston last week have left all of us -- once again -- searching for answers to what feels like a festering wound simmering under the surface of our culture. But the grace notes we have seen coming from the hearts and mouths of survivors and family...

Southern Illinois Accountant Discusses “Freedom From Taxes”

It's the final week of tax season, and our office here in Southern Illinois IL is hopping! Which isn't to say that I don't have the time to step away for a moment and write to you, my friend (if you have all your papers in, and are waiting for our completion -- fear...

Newcomb’s Tax Extension Cheat Sheet

This has been an intense tax season. For those of us in the tax professional community, there have been emails, message board postings and blog posts flying about the difficulties that many have been facing with regards to all of the additional paperwork called for in...

5 Tips To Think More Clearly About Financial Decisions For Southern Illinois IL Taxpayers

Despite that title, it has, in fact, been a relatively smooth first week of tax filing here at Bills Tax Service. Southern Illinois IL clients have been streaming through our doors, and we've been enjoying our little mini-reunion with so many longtime friends. Now,...

How Southern Illinois, IL Taxpayers Can Lower Their 2020 Tax Bill

Finally, the IRS issued guidance on Friday evening about payroll tax deferrals.And, as we've been communicating ... this may not be a very helpful program for most Southern Illinois, IL taxpayers. In fact, it's actually up to employers (not employees) whether or not...

Understanding Your Southern Illinois IL Airbnb And Taxes

As of this writing, the federal government is still in a "partial shutdown", and things are starting to fray around the edges, even for those whose paychecks aren't being affected. Already, it's the longest in history.Which, for a media starving for any kind of...

The Behavior Profile of Our Southern Illinois IL Clients with the Highest Level of Financial Security

The madness of March certainly delivered over the weekend, huh? Plenty of upsets and surprises, which always makes this time of year fun for basketball fans. Or, so I hear. After all, this tournament seems to happen yearly, and until the IRS changes the deadline for...

New (and Old) Tax Scams Taxpayers In Southern Illinois IL Need To Know About

You'd think that this would be about golf, since here we are smack in the middle of summer. But I'm here with a word of caution about other kinds of traps, not of the sandy variety. Last week, we spoke about executors, and I'll return to that subject soon. But today,...

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!

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