“Loopholes” Are My Job

"The measure of a man's real character is what he would do if he knew he would never be found out." - Thomas B. Macaulay download The Talented Mr. Ripley We start this week with a big announcement from President Obama about how he is seeking to close "tax loopholes"....

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...

Once Again, Alan Newcomb’s 2015 Tax Time Document Chase List

Brackets, brackets, brackets. Depending on when you read this, you may have already filled yours out (or it may already be busted!). Billions fly around every year (probably much of it not reported on Form W-2G!), and it's become a huge part of this season, as you no...

Alan Newcomb On Reclaiming Control Over Your Taxes

Ahhh, spring in Centralia IL. When the temps are rising, and the trees don't seem so desolate ... and am I right that the angle of the sun is a bit less harsh? Or maybe it's just because tax season has finished and I'm getting more sleep? 🙂 (Team Newcomb probably...

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...

Five Productivity Tips for Centralia IL Busy Bodies

With Labor Day behind us, fall is just around the corner.(And a quick tax note: so are estimated taxes, if that applies to you. Due the 16th of this month. Consider yourself reminded. Though I will probably remind you once more.)Now ... fall. This can be a happy...

Alan Newcomb Suggests: Take A Test Drive Of Your Retirement Plans

Now that the Super Bowl is over, and the football season is finished, we here in Centralia IL tax preparer land can now finally get back to looking forward to football season. And, of course, the commercials! (Which this year seemed a little ... "ok" -- though I think...

Considering Filing A Tax Extension In Centralia IL? Read This First.

Last week, I wrote all about those deadlines. <shiver> I know for a fact that the very word can strike pain and anxiety into the hearts of certain of my clients (who shall remain nameless). So, this week ... well, I'm going to give you the chance to exhale a...

How To Plan For Retirement by Alan Newcomb

  The IRS is set to begin receiving tax returns on the 27th. That means, it's about to get VERY busy around here. Which is exactly how we like it. We've been preparing since the summer for this year's tax return process, integrating all of the nuggets...

Alan Newcomb, Centralia IL Tax Professional, Explains What To Do When The Paperwork Doesn’t Come

Congrats to the Baltimore Ravens for hanging on to win the Super Bowl ... and congrats to GoDaddy for finally making a commercial which didn't rely on the exploitation of Danica Patrick! (Truly, a pretty decent collection of Super Bowl ads -- some of which may have...

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!