The coming tax ‘Armageddon’ for you

Twenty years from now you will be more disappointed by the things you didn't do than by the ones you did do. So throw off the bowlines. Sail away from the safe harbour. Catch the trade winds in your sails. Explore. Dream. Discover. - Mark Twain Can you believe it's...

A 12-Point Financial Health Check For Centralia IL Families And Individuals

We are now fully engaged in our tax "off season" here in Centralia IL. But interestingly, this is where the real difference that we can make on behalf of our tax preparation clients is actually made. We're diving into the new tax legislation, and attending classes...

Where to find more sources of income

It's always too soon to quit. - Norman Vincent Peale No, the recession isn't over. Yes, there is good news out there--and I LOVE sharing good news with my clients and friends, but over the weekend, I was reminded again about how often we can just *grasp* at every item...

One Trump Tax Plan Mistake That Alan Newcomb Wants You To Avoid

The internet can be a confusing, anxiety-inducing space.The national news is downright scary (and tragic), and places that used to be the province of baby pictures and goofy status updates are becoming increasingly divided over cultural questions and differences.But...

A Story You Should Read

Act as if what you do makes a difference. It does. - William James This might offend you, though I'm not trying to ruffle feathers -- however, I will be a bit bold here: Could you be focusing too much attention on your family? Now, far be it from me to suggest that...

In A Sandwich?

"Do not wait; the time will never be 'just right.' Start where you stand, and work with whatever tools you may have at your command, and better tools will be found as you go along." - George Herbert If you take a broad view of our culture over the last 50...

Alan Newcomb’s 4 Tips To Start Planning For Your Financial Goals In 2016

I woke up Monday morning, after the wonderful holiday weekend ... and I had a realization: there are only THREE days left in 2015. Obvious, yes ... but it carries implications for your wallet, if you are wise with these days. The VERY good news is that we've been able...

Washington Really is a Different Kind of Town

"If it's not something you can decide about, if it's not something you can avoid, then all you can do is worry. And what's the point of that?" -Seth Godin There are just some stories where nobody comes out looking good -- and this "debt ceiling"...

Alan Newcomb’s Guide For Choosing An Executor Of Your Estate Plan

We love what we do. I'm not sure if it's always obvious, but perhaps you can take a cue from the fact that I take the time to post you these sorts of notes on a regular basis, if not by other factors. We love this stuff, and consequently, we work hard for our...

Newcomb’s Tax and Financial Recordkeeping Rules of Thumb

One of the secondary problems with this whole IRS scandal has been that it's seeping my job as a Centralia IL tax preparer even more into personal life: * "Hey Alan -- call the IRS for me? I have some political enemies to persecute." * "Alan, what are my chances for...

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!