Nicole M. Albrecht

The “dirty dozen” that criminals & cheats try to get away with year-round provided by Nicole Albrecht Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the IRS. These cons occur year-round, not just during tax season. In response […]

Don’t let these slip-ups creep into your federal tax return. provided by Nicole Albrecht, EA No one wants to delay their federal tax refund. As you certainly don’t, filling out your 1040 form correctly is essential. To that end, it is worth noting some of the common 1040 mistakes – the little slip-ups that aggravate […]

Provided by Nicole Albrecht Once again, Congress has acted at the eleventh hour to bring back some expired tax perks. H.R. 5771, the Tax Increase Prevention Act, was passed and signed into law by President Obama on December 19. Here is a rundown of the key tax provisions it retroactively reinstates for 2014.

Recipients get a raise in 2015. Ideas for reform are numerous. provided by Nicole Albrecht Social Security benefits are increasing 1.7% in 2015. This marks the fourth straight yearly cost-of-living adjustment, following a 1.5% COLA for 2014.1

provided by Nicole Albrecht Here are the small business payroll tax and other business tax changes in effect for 2014 that you need to know about. Included in this list are changes to the Social Security maximum, IRS standard mileage rates, and new additional Medicare taxes that affect self-employed individuals.

It isn’t always top of mind, but it should be. provided by Nicole M. Albrecht How many of us save and invest with an eye on tax implications? Not that many of us, according to a recent survey from Russell Investments (the global asset manager overseeing the Russell 2000). In the opening quarter of 2014, […]