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Archive for Barry Fowler

Some Good News Taxpayers Can Be Thankful For This Holiday Season

Barry Fowler

Over the past several years, taxpayers—and I mean all taxpayers, from the lowest socio-economic level to the highest—have been victimized or at least contacted by scam artists posing as IRS agents.

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Tax Benefits Of Giving Time And/Or Money To A Charity

Barry Fowler

With the first chill of fall most people’s thoughts turn to the activities of autumn: Football, Thanksgiving, pumpkins, apples, (did I mention football?) and, of course, the holidays.

For those looking to limit how much they give to Uncle Sam at tax time, this is also the time to turn your thoughts to giving to a favorite charity.

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A New President With Promises Of Tax Reforms

Barry Fowler

It’s a new dawn, a new day, and we have a new President.
Whether we enjoy the benefits of the reforms he has promised remains to be seen. For those of you who are not aware of the promises Trump has made regarding tax reform, I’ve provided them for you below.

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Avoid Credit Crisis With Pre-Holiday Preventative Tips

Barry Fowler

With the holidays just around the corner, many people start thinking about gift giving. The holidays are famous for sending many people into a downward credit crisis spiral.

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IRS Wins Big At 2016 Summer Olympics

Barry Fowler

With the exciting 2016 Summer Olympics not too far behind us, the thrill of victory for the American athletes may be diminishing slightly. What’s probably coming up for many of them though is the tiring topic of taxes.

Just how much of their wins will they have to turn over to Uncle Sam?

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Sharing Economy Encouraged To Share With And By The IRS

Barry Fowler

If you’ve ever been picked up by an Uber driver or know someone who’s rented a room through Airbnb, then you are aware of the ‘sharing economy.’

In the past few years, the ‘sharing economy’ has become a targeted focal point for the IRS. Needless to say, they really want their “fair share” of this rapidly growing business segment.

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You Don’t Need To Shoot For The Top Credit Score

Barry Fowler

In last month’s blog entitled “Become and Remain Credit Worthy”, I wrote about the importance of getting and maintaining a good credit score.

With kids getting ready to go back to school, and some maybe heading off to college, this is a time of year when some people tend to overspend and do damage to their credit. Going back to school is second only to the holidays when this kind of overspending happens in families.

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And Now, The Great IRS-Facebook Face-Off!

B F 6.8

I am not sure, if I were asked to, which one I would put my money on in this battle. While both are mammoth forces to be reckoned with, social media giant Facebook might be smarter. However, the IRS has been indomitable for decades.

According to the IRS, Facebook owes them billions – roughly $3 to $5 billion!

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When Disaster Strikes, Scam Artists Go To Work

Barry Fowler

If the mass murder in Orlando last month was not tragic enough, another group of criminals are now reaching out to make an unthinkable situation even more heinous.

If you are considering donating money to a charitable organization to help the families of the Orlando Pulse victims, think twice before you give. There will be scam artists calling and reaching out in a variety of ways looking to take advantage of the heartbroken people around the country who want to help in some way.

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FICO Score—Becoming And Remaining Credit Worthy

Barry Fowler

Being credit worthy is a big deal in our society. While there are host of important numbers in your financial world, few are as critical as your credit score.

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Students Beware! You Are the New Target of Tax Scammers!

Barry Fowler

Well, here we are mid-year, the tax season behind us and yet, the tax scammers just keep coming up with fresh ways to trick taxpayers!

While the rest of us are getting on with our lives, feeling the relief of having satisfied the tax man (or not), the criminals are hard at work finding on new targets. They never seem to sleep.

Just the other day, Accounting Today.com, one of our industry publications posted the following:

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