Tax Planning & Preparation
Welcome
Where is my refund? Federal Wisconsin
Need help organizing your tax information to make sure you don't miss anything. Click here to download the same organizer we use with our clients.
Need Year End Tax Planning Tips? There is excellent tax planning advice available for free in the tax planning newsletter section.
EMAIL SCAM - Watchout for the an email that is supposedly from the IRS telling you that you get a refund under IRC 501(c)(5). The IRS would never contact you via email.
WATCH OUT IF CONVERTING AN IRA TO A ROTH IN WISCONSIN!!
As of January 22, 2010, the state of Wisconsin has not adopted the federal rules to allow a taxpayer with an AGI over $100,000 to convert a traditional IRA to a Roth. If you do it get ready to pay some hefty fines. Stay tune to see if the rules change!!
Regulated Tax Preparers
You might have read or heard in the news that tax preparers are subject to new regulations and standards. THIS IS NOT NEW FOR ME. As an enrolled agent (EA) admitted to practice before the Internal Revenue Service (IRS), I have alwasy been subject to those "new" regulations and standards.
For example:
I am registed with the IRS as an Enrolled Agent.
I am already subject to regulations published in Circular 230.
The IRS requires that I perfom continuing education every year to keep current with the changes in tax laws.
The IRS does a background check.
Every three years my enrollement is reviewed by the IRS.
If you would like a checklist to help select a tax professional click here
Do you know someone or an organization that assists low income families?
- Need for adequate shelter which is based on owning a home and income
- Ability to pay for a Habitat home. Homes are sold at zero profit with zero percent mortgages.
- Willingness to partner with habitat
Paul Leslie or Taxes By Paul are NOT broker-dealers or investment advisors, or otherwise engaged in the business of effecting transactions in securities, the provision of investment advice or investment recommendations. The risk of loss in trading securities, options, futures and forex can be substantial. Customers must consider all relevant risk factors including their own personal financial situation before trading.