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Congresswoman Introduces Bill to Tax Millionaires and Billionaires
Washington, D.C. - Rep. Jan Schakowsky, D-Ill., has introduced a bill that would levy taxes of 45 to 49 percent on millionaires and billionaires.Schakowsky, who was a member of President Obama’s deficit reduction commission, introduced the Fairness in Taxation...
What Parents Should Know about Their Child’s Investment Income
Parents need to be aware of the tax rules that affect their children’s investment income. Here are four facts from the IRS that will help parents determine whether their child’s investment income will be taxed at the parents’ rate or the child’s rate:Investment Income...
Come visit me at the LCOR Health Fair Sunday 03/20/11 from 9:30-11am and bring your questions on Life Insurance, Health Insurance, Disability & LTC. 212 Main Street, Foxboro MA 02035
Congressman Proposes Bill to Let IRS Prepare Taxes
Washington, D.C. - A Tennessee congressman has introduced a bill that would allow the Internal Revenue Service to prepare taxes for a taxpayer.Rep. Jim Cooper, D-Tenn., introduced the Simple Return Act (H.R. 1069). The bill would allow the IRS to fill out a basic...
IRS Sends 200,000 Balance Due Notices by Mistake
Due to a computer processing glitch, the IRS mailed 200,000 CP-14 balance due notices to taxpayers who filed electronically. These notices told the taxpayers that their balance was due by April 15, even if they had already designated automatic withdrawal from their...
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Voted 2022 Local Businessperson of the Year in Wrentham by Alignable
Voted 2020-2021 Local Businessperson of the Year in Wrentham by Alignable
Voted Top 31 Insurance Agency in Providence RI Area
