Blog
A Great Retirement Planning and Portfolio Tip for Our Lakewood Ranch Friends
Can you believe it? Three weeks until the May 17th deadline! You'll forgive me if visions of vacation and beaches are dancing through my daydreams.For many in Lakewood Ranch, daydreams like these become more frequent while contemplating retirement (not just surviving...
Big Earned Income Tax Credit Changes for all Lakewood Ranch Filers in 2021
I have to apologize to all of my Lakewood Ranch clients for the sheer volume of tax-centric writing I've been doing the last few weeks and months.Normally, I like to write on other topics (in addition to the tax-related stuff) ... but I cannot emphasize enough how...
How the IRS Adds Insult to Injury for Lakewood Ranch Taxpayers & How to Get Penalty Relief
Every year, the IRS charges tax debtors a boat load of penalties.Just how much? If you’re in Lakewood Ranch and you owe taxes, you should definitely take a look...To put this in perspective, the IRS budget for 2021 is about $12 billion. That means the entirety of IRS...
Key Healthcare Changes From ARPA For Lakewood Ranch Taxpayers
Last week marked the one year anniversary of the CARES Act (stimulus round 1). This was such a monstrous piece of legislation, it’s still being unraveled. It made "Obamacare" (ACA) and the "Trump Tax Cuts" (TCJA) seem like junior league tweaks.We had not before seen a...
Post-Stimulus Taxes for 2020
I mentioned last week the key provisions of the "American Rescue Plan," while it was just proposed legislation.Now that the House has passed it, there is more meat on those bones. I'll run it all down for you once it's been signed by the President, but the key...
Debunking Estate Plan Myths For Lakewood Ranch Taxpayers
On Friday, the IRS began accepting tax returns and people like me all around the country started buckling up for what is already quite a ride. With new PPP loans for Lakewood Ranch small business owners, credits aplenty in all of the variety of stimulus...
James P. Casement’s Next Steps After Settling With The IRS
Let's talk about what happens AFTER we are able to strike a deal on your behalf with the IRS. Because after all, that really is the goal here isn't it? So ... the IRS agreed that you could not pay all of your taxes back, and that a settlement was in everyone's best...
Six Common Ways Lakewood Ranch Taxpayers Receive IRS Audits
With the tax deadline bearing down on us, I thought I'd touch base today, to give you some thoughts on what could get you into hot water THIS tax season. And, well, really any tax season. Now ... sometimes, Lakewood Ranch clients come to us from other Lakewood Ranch...
How Much Do I Owe The IRS? James P. Casement Can Help You Get Information From The IRS Discreetly
There is a lot of fear and angst in our culture these days. Sparked by tragic current events, as well as a general sense of disjointedness in our culture. But for many who might be reading this, there is another one that might be lurking latent beneath these other...
James P. Casement’s Seven Negative Results And Six Painful Consequences For Unfiled Tax Returns
The IRS just began receiving tax returns this week, and Tax Preparers all over the nation are cranking and grooving along, finding all kinds of savings on behalf of clients ... as well as chomping at the bit to help them on THIS year's taxes. The buzz around the tax...
How To Get Out of Credit Card Debt Fast in Lakewood Ranch: 6 Key Steps
Often, when you're faced with IRS debt, there are other nasty little financial problems out there that can tend to crop up. I have to tell you though, as I sat down to write this strategy note, it made me think about some Lakewood Ranch clients that I've walked with...
Facts About IRS Audits
With all of the chaos out there right now, the division and shouting, it's helpful to try to tune out the shouting and focus on what is actually in our sphere of productivity. One way that the IRS has decided it can be more productive is by outsourcing their...