Richard Allen Associates Inc Tax Service

Happy Valentine's Day! Speaking of Romantic... do you have a RockStar Boyfriend or Girlfriend? Did you know you can claim your boyfriend or girlfriend as a dependent? Yup! As long as they meet the general criteria for being considered a "Qualifying Relative": First, YOU can't be eligible to be someone's dependent. Then, your boyfriend/girlfriend has to be a U.S. Citizen, National, or Resident (for tax purposes) of U.S., Canada, or Mexico. Then;... 1) Member of Household: Lived with you all year as a member of your household (road trips and touring are temporary absences and don't count against it). 2) Can't be the "Qualifying Child" of another taxpayer. 3) Must have "gross income" of less than $4,050 (2016). Gross income is generally all taxable income including unemployment compensation, some scholarships and grants. 4) You must have provided more than half the cost of their support. So! Now you know! Having a RockStar boyfriend or girlfriend who hasn't quite "made it" has benefits in addition to having sweet love songs written about you. Got any questions? Give us a call or check out our web page: http://www.RichardAllenTax.com Now... where's my guitar... ?

Be careful. Don't be a victim of one of these tax-related scams: http://finance.yahoo.com//tax-scams-to-avoid-154428486.html Yes, in case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard earned cash and personal information from right under your nose. According to a report by Sophos’ Naked Security Blog, Snap, Inc. fell for this exact scam back in 2016.

Fly by night tax preparers that "pop-up" at tax time and disappear later hurt thousands of innocent taxpayers each year. Be careful.

Beware the IDEAS of MARCH! As tax season approaches, taxpayers are reminded to be on the lookout for an array of evolving tax scams related to identity theft and refund fraud. Every year scam artists look for new ways to trick taxpayers out of their hard-earned money, sensitive financial information or even access to their computers. It seems that no matter how careful you are there's always a possibility that identity thieves could steal your personal information and try to ...cash in by filing fraudulent tax returns in your name. Here's a link to this year's worst tax related scams: http://www.richardallentax.com/newsletter.php#2

Happy Valentine's Day! Speaking of Romantic... do you have a RockStar Boyfriend or Girlfriend? Did you know you can claim your boyfriend or girlfriend as a dependent? Yup! As long as they meet the general criteria for being considered a "Qualifying Relative": First, YOU can't be eligible to be someone's dependent. Then, your boyfriend/girlfriend has to be a U.S. Citizen, National, or Resident (for tax purposes) of U.S., Canada, or Mexico. Then;... 1) Member of Household: Lived with you all year as a member of your household (road trips and touring are temporary absences and don't count against it). 2) Can't be the "Qualifying Child" of another taxpayer. 3) Must have "gross income" of less than $4,050 (2016). Gross income is generally all taxable income including unemployment compensation, some scholarships and grants. 4) You must have provided more than half the cost of their support. So! Now you know! Having a RockStar boyfriend or girlfriend who hasn't quite "made it" has benefits in addition to having sweet love songs written about you. Got any questions? Give us a call or check out our web page: http://www.RichardAllenTax.com Now... where's my guitar... ?

Be careful. Don't be a victim of one of these tax-related scams: http://finance.yahoo.com//tax-scams-to-avoid-154428486.html Yes, in case wringing your hands over the tax man weren’t enough, criminals are out there trying to swipe your hard earned cash and personal information from right under your nose. According to a report by Sophos’ Naked Security Blog, Snap, Inc. fell for this exact scam back in 2016.

Will Trump do away with these tax deductions, in exchange for lower rates? http://www.accountingtoday.com/n/tax-breaks-to-look-out-for

http://nbcnews.to/2iG14aj If you are expecting a tax refund due to the Earned Income Credit or Additional Child Tax Credit, you will have to wait a bit longer this year due to anti-fraud and identity theft prevention efforts of the IRS. You should still file as soon as possible to avoid additional delays as the tax returns "pile up" ahead of the refund release date.

Cool Video Shot by our client and friend, Jeffrey Koven at https://www.youtube.com/user/KovenVideoProduction

https://youtu.be/1n_AMbOmR7c