Author Archives: admin

Eric Abowd and Steve Rose, partners and lead financial advisors at Abowd & Rose Financial Group, were recently awarded with the first nationally recognized mutual fund designation, CFS (Certified Fund Specialist) by The Institute of Business and Finance. CFS certification … Continue reading →

The IRS has some advice for taxpayers who missed the tax filing deadline. • Don’t panic but file as soon as possible. If you owe money the quicker you file your return, the less penalties and interest you will have … Continue reading →

About 11 million homeowners owe more than their homes are worth, according to real estate data firm CoreLogic, and while taxes may not be the first thing they think about in deciding what to do, all the various options have … Continue reading →

Every year the IRS sends millions of letters and notices to taxpayers for a variety of reasons. The first thing to do is not panic, the second is to not ignore the letter. An IRS notice will not go away … Continue reading →

The IRS reminds taxpayers with self-employment income, interest, dividends, alimony, rent, gains from the sale of assets, prizes or awards they need to make estimated tax payments if (1) they expect to owe at least $1,000 in tax after subtracting … Continue reading →

The vast majority of Americans get a tax refund from the IRS each spring, but what if you are one of those who end up owing? The IRS encourages you to pay the full amount of your tax liability on … Continue reading →

You have two extra days this year to make contributions to your Individual Retirement Arrangements. That’s because April 15 falls on a weekend and Emancipation Day, a legal holiday in the District of Columbia, will be observed on Monday, April … Continue reading →

The Internal Revenue Service today announced a major expansion of its “Fresh Start” initiative to help struggling taxpayers by taking steps to provide new penalty relief to the unemployed and making Installment Agreements available to more people. Under the new … Continue reading →

Beginning with the 2011 tax return, reporting stock transactions has become significantly more complicated because of the new requirement for brokerage firms to track the purchase price of stocks acquired in 2011 and subsequent years and to include that information … Continue reading →