If you’re a parent of minor children, you shouldn’t delay in naming a guardian for your youngsters. Knowing that they will be well cared for in the event of your death would be a great comfort to you. But maybe you’ve hesitated to create your will and execute the...
Working The Puzzle From All The Angles
Month: April 2020
Economic Impact Payments
On Behalf of Demetrius J. Karos, Ltd. | Apr 17, 2020 | Tax Law
The IRS is committed to helping you get your Economic Impact Payment as soon as possible. The payments, also referred to by some as stimulus payments, are automatic for most taxpayers. No further action is needed by taxpayers who filed tax returns in 2018 and 2019 and...
Don’t wait to defend yourself if you’re accused of tax evasion
On Behalf of Demetrius J. Karos, Ltd. | Apr 17, 2020 | Tax Evasion
You do your best on your taxes, but they are complex. You have multiple jobs, some write-offs and file with your spouse. You don’t usually have to pay, but when you do, you pay whatever you’re told you owe. That’s why you were shocked when you were informed that you...
What makes your tax return more complex?
On Behalf of Demetrius J. Karos, Ltd. | Apr 8, 2020 | Tax Law
For some, taxes are fairly straightforward. They have been working for a company, getting an hourly wage. They have just one source of income. They’re young and single, and their taxes get taken out of each paycheck before they get it. All they have to do is report...
Planning for unexpected health issues
On Behalf of Demetrius J. Karos, Ltd. | Apr 1, 2020 | Estate Planning
Unexpected health issues may become more common as you grow older. You can’t predict when these issues may strike or exactly what challenges you will face, but we do know that aging takes a toll and that some issues -- cancer, strokes, etc -- are more common in the...