The Simma Flottemesch & Orenstein team hope you’ve been gathering your receipts for tax-deductible expenses from 2018. These deductions can increase your refund or lower the amount you owe, so keep them in mind as you look back at this year’s purchases:
These days, phishing scams pose as any individual or organization to try to gain access to your personally identifiable information (PII). Phone calls and emails are the most utilized methods for such scams. For the year 2018, the IRS reported that phishing scams had nearly doubled the numbers of 2017.
Tis the season of giving, not only to your friends and family in reflection of the holiday season, but also to your favorite charitable organizations. Charitable giving is tax-deductible for both businesses and individuals. We’d like to see you make the most of your giving, so here are some tax tips to follow: