Technology has been a huge benefit to people across the world, but it has also led to a dramatic increase in the scope and size of Elder Financial Exploitation (“EFE”). The Financial Crimes Enforcement Network (“FinCEN) defines EFE as the “illegal or improper use of...
I look around my neighborhood in the summertime and I see an awful lot of cars with Florida license plates. These are folks who have been my neighbors for years, and who are still my neighbors; they’re just “wintering” a little longer than they used to. No need to...
You may be wondering what the IRC 83(b) Election is and what the benefits and disadvantages of this election are. We’ll be explaining what it is, why you may want to make the election, and when to do so. Election and Understanding Let’s start off by explaining what...
The Inflation Reduction Act funding passed by Congress in August of 2022 granted additional funding to the IRS. The Service has announced it will apply a portion of those funds to restore fairness in tax compliance, and it plans to do so by using advances in...
Digital payment platforms are becoming a more popular, quick, and convenient way to send money. As the use of P2P apps, such as Venmo, Cash App, and Zelle, continues to rise, unfortunately, so do the scams. Fraudsters are becoming trickier with their scam tactics in...
It’s never a bad idea to check with your state to see if there is any unclaimed property being held that belongs to you. The last time I checked there was $72 waiting for me, an uncashed check from Blue Cross. How did that check become unclaimed property and how do...