Ponzi losses can sometimes lead to tax refunds if you talk to me. A poniz loss means someone such a Madoff or Meridian stole your money and if it was big enough I may be able to process a claim for a refund. Normally a ponzi loss law suit means it will take years if ever to get any money returned.
I have found when I claim a tax refund for my clients they get money back much sooner. My clients have received refund claims of $20,000 to $450,000. Call or email your story and I can fairly quickly let you know if you will qualify for a refund.
425-451-8400 or Jim@CPAhotline.com
My weekly Blog will discuss how our new economy rules work. Higher taxes are coming. Jobs pay less and new jobs are tough to find. The real estate market continues to face headwinds. A smaller amount of people can claim to be a part of middle America and more people in their 60's will be working into their 70's. Newly graduated people in their 20's and 30's face a very tough market.
Thursday, December 8, 2011
Friday, December 2, 2011
Tax Chatter 12/2/2011
I just learned of an intersting bit of inside information about IRS 2012 audit strategy. They are moving away from 2011 closely held corporations and LLCs to emphasize high income 1040 individuals. What is high income? Above $150,000 of adjusted gross income. Talk to me and be better prepared.
Jim
Jim
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