Debt, for many, is synonymous with life. By the time an individual turns eighteen, they will have likely been introduced to the world of debt through credit card and personal loan offers in which the lure of ‘access to excess’ overrides personal responsibility.
| Every Halloween, children knock on doors pretending they are everything from superheroes to movie stars. Scammers, on the other hand, don’t leave their impersonations to one day. They can happen any time of the year. People can avoid taking the bait and falling victim to a scam by knowing how and when the IRS does contact a taxpayer in person. |
HURRY! Reserve your seat today!
For many, Medicare open enrollment is an opportunity to fine tune their healthcare coverage needs and assess (or anticipate) what coverage may be needed in the coming year.
Open enrollment may also allow you to save money as plans are reevaluated and adjusted and in some instances, improve coverage where you recognize you may have gaps. While the open enrollment plan changes may seem confusing, it is your opportunity to switch Medicare health and prescription drug plans to better suit your needs.
What is the Medicare open enrollment period?
The Medicare open enrollment period is the time during which people with Medicare can make new choices and pick plans that work best for them. Each year, Medicare plans typically change what the plans cost and cover. In addition, your health-care needs may have changed over the past year.
Hurricane Tax Provisions Included in Bill Passage
Brett W. Neate , Taxes - Planning, Rules and ReturnsDisaster Tax Relief and Airport and Airway Extension Act of 2017 expands the application of disaster-related tax relief to the hard-hit US Virgin Islands and Puerto Rico.
The I-9 Form updated 7/17/17 must be used for all new hires starting today, 9/18/17. The form can be found on the U.S. Citizenship and Immigration Services' (USCIS) website at https://www.uscis.gov/sites/default/files/files/form/i-9.pdf.
Related read: What to know if you are planning to hire in the coming weeks
On September 7, 2017, Equifax, one of the three main credit reporting agencies, announced a massive data security breach that, according to the
Wall Street Jurnal, exposed vital personal identification data — including names, addresses, birth dates, and Social Security numbers — on as many as 143 million consumers, roughly 55% of Americans age 18 and older.
This data breach was especially egregious because the company reportedly first learned of the breach on July 29 and waited roughly six weeks before making it public (hackers first gained access between mid-May and July) and three senior Equifax executives reportedly sold shares of the company worth nearly $2 million before the breach was announced.
DOWNLOAD: FREE Ebook - Income Tax Return Fraud and Identity Theft
Moreover, as CNN points out, consumers don't choose to do business or share their data with Equifax; rather, Equifax — along with TransUnion and Experian, the other two major credit reporting agencies — unilaterally monitors the financial health of consumers and supplies that data to potential lenders without a consumer's approval or consent.
Brett Neate Featured Speaker at Wire-Net Event
Brett W. Neate , Taxes - Corporate & Business , Business - Management, Issues & ConcernsLearn “5 Things Every Business Owner Should Do Before December 31” during WIRE-Net’sOctober workshop, Thursday, October 12 at Cuyahoga Community College’s Advanced Technology Training Center. The event is open to members and non-members.
Partner Brett Neate will educate business owners and decision makers as they face the Q4 flurry of activity that is critical to accurately closing 2017 and properly preparing for 2018.
The full-morning session will address business succession, inventory and fixed assets, financial statement preparation, compensation and budgeting, and daily management of a business.
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