by Hans E. Scheil | Jun 21, 2019 | Income Taxes
Retirement brings a lot of changes, one of the most significant being the way you are receiving your income. Instead of coming from your employer, you are getting a Social Security check, possibly a pension, and then taking the rest from the saving vehicles you used...
by Hans E. Scheil | Apr 13, 2018 | Assets, Income Taxes
There are so many scams targeting the elderly, one of the most recent being the grandparents scams. This scam involves being called by someone posing as the grandchild of the victim and requesting money. In 2015, the FTC received over 10,000 family or friend imposter...
by Hans E. Scheil | Apr 6, 2018 | Income Taxes
While the end of tax filing season is near, the end of IRS scams is nowhere in sight. Scams involving people posing as the IRS have been going on for a long time, the Treasury Inspector General for Tax Administration estimates victims have lost over $36.5 million to...
by Hans E. Scheil | Dec 20, 2017 | Income Taxes
Under the new tax bill, there are many changes that taxpayers will encounter in 2018. Following are some beneficial steps that can be taken in 2017 under the old tax law. Deductions With tax rates decreasing under the new legislation, it could be beneficial to...
by Hans E. Scheil | Nov 10, 2017 | Income Taxes
After working for decades, the freedom granted in retirement provides an unparalleled opportunity to see parts of the world you haven’t seen before. It also makes it a breeze to visit friends and family whenever you desire, for as long as you want. While this sounds...
