Teddy, the Taxman joined me on Sunday (1/06/08). He shared with us some of the new changes in taxes for this year. Examples, written proof of all charitable deductions is required. If you are going to get money back, you can now have your money put directly into an IRA. The Tax Man is very "high" on the government's efforts to help us to build a retirement pool, through this method. Many of us expects the government to be our retirement nest egg. Bulletin, Bulletin, Bulletin, it won't happen. Oh, by the way, the Tax Man also spoke favorably of the Roth IRA. The IRS is increasing the number of audits it engages in. They have resolved their problem of being short staffed. A number of other excellent ideas and thoughts were shared with us. The Tax Man can be heard weekly on WBFF, see contact and additional information in previous post. Thank you Tax Man.
Saturday, January 12, 2008
Taxes, the IRS and You
Teddy, the Taxman joined me on Sunday (1/06/08). He shared with us some of the new changes in taxes for this year. Examples, written proof of all charitable deductions is required. If you are going to get money back, you can now have your money put directly into an IRA. The Tax Man is very "high" on the government's efforts to help us to build a retirement pool, through this method. Many of us expects the government to be our retirement nest egg. Bulletin, Bulletin, Bulletin, it won't happen. Oh, by the way, the Tax Man also spoke favorably of the Roth IRA. The IRS is increasing the number of audits it engages in. They have resolved their problem of being short staffed. A number of other excellent ideas and thoughts were shared with us. The Tax Man can be heard weekly on WBFF, see contact and additional information in previous post. Thank you Tax Man.
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