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Don’t Be Taken in by Phony IRS Requests

The phone rings. The caller says they are from the Internal Revenue Service and they claim you owe taxes and must submit payment through a wire transfer or prepaid debit card. Or you receive an email supposedly from the IRS asking you to share your bank account,...

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Dirty Dozen Tax Scams For 2015

The IRS released its annual list of “dirty dozen” tax scams. Here are the 12 most common scams for the 2015 tax filing season: Phone Scams Phishing Schemes – Fake emails or websites looking to steal personal information Identity Theft Unscrupulous Return...

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Net Worth By Age: How Do You Compare?

Net worth is arrived at by taking all of your assets (everything that you own) and subtracting your liabilities (everything that you owe).  The infographic shows the U.S. median household net worth based on a report issued by the U.S. Census Bureau in 2011....

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Choosing Return Preparers Carefully

Choosing Return Preparers Carefully It is important to choose carefully when hiring an individual or firm to prepare your return. Well-intentioned taxpayers can be misled by preparers who don’t understand taxes or who mislead people into taking credits or deductions...

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Our New Website

Our next step is to probably design an app that will be of value to our clients.  But for now, we have revamped our website so that it is more mobile friendly.  Come check it out.  #MyRenoCPA

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10 habits of debt-free people

Whether you’ve resolved to get debt-free this year or you have a long way to go to get there, it’s good to be inspired. Look at people you know who are already living debt-free lives. Whether it’s a friend, family member or co-worker, the person you are thinking of...

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