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Hire an Attorney So You Don’t Pay More Taxes than You Owe

January 16, 2014 by · Leave a Comment 

No one likes paying their taxes. But to paraphrase the saying, death and taxes are the two things you won’t ever escape in this life. The tax man is persistent and he will eventually get what’s his.

That being said, “what’s his” can be a bit of a gray area. While we’re certainly not advocating you cheat on your taxes, the fact remains that there are countless pages of tax laws that make it very confusing for the layman to figure out.

This is why it’s such a good idea to speak with an income tax attorney before ever paying out to the IRS. They’ll help you make the most sense of your taxes and will even be able to save you from paying when it’s unnecessary.

One of the really nice things about seeing a tax lawyer in Fairfield is that you’re protected by the attorney client privilege. That means you can tell your attorney anything you want about your income and they’re legally bound not to say a word.

The same isn’t true for an accountant and that’s an important distinction to make. Whatever you tell your accountant about your income, they are legally bound to disclose if it would mean owing more in taxes.

So before you pay up this year, see a tax attorney first. You may learn you get to keep extra this time around.

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Article submitted by Law Offices Of Jeffrey B. Kahn, P.C.  They can supply the kind of tax settlement attorney you need in your corner.

Which credit card issuer is best for you?

January 6, 2014 by · Leave a Comment 

The Westlake Village, California based J.D. Power ranks and publishes an annual credit card satisfaction survey for last seven years. The latest report, 2013 U.S. Credit Card Satisfaction Study, was published on August 22, 2013. They use six factors including interaction; credit card terms; billing and payments; rewards; benefits and services; and problem resolution to gauge and rank card issuers. They indicate many cardholders lack understanding of terms, benefits and rewards that are associated with their cards. One theme that speaks volume is awareness and customer redemption of rewards is in decline year over year. More than 66 percent of cardholders were aware of rewards and benefits in 2012 and that declined to 59 percent in 2013. The survey also finds that mobile apps or text alerts to interact with their card issuer is on a gradual rise thanks to generation X and Y cardholders. For 2013, the American Express card ranked the highest followed by Discover and Chase. The American Express has held the top spot since the ranking started seven years ago. One takeaway from the study for all card holders is to find a way to understand terms and benefits of credit cards they carry.