Financial Abuse of the Elderly

Financial Abuse of the Elderly

According to a recent article by the AICPA, it is estimated that one in ten elderly people in North America have been victims of financial abuse.  This abuse has resulted in more than $2.9 billion in yearly financial losses.  Due to the changing demographics in North...
Financial Abuse of the Elderly

Not-For-Profit Organizations – What to Provide Your CPA

Most tax exempt organizations have an annual filing requirement with the Internal Revenue Service. The amount of information your tax preparer will need depends on the organization’s filing responsibility. A tax exempt organization is required to file one of the...
Financial Abuse of the Elderly

Pease Limitation

The Pease Limitation was enacted in 1991 and is names after Donald Pease, former Representative of Ohio. Its purpose was to limit certain itemized deductions of high income earners. Once your Adjusted Gross Income (AGI) crosses a specified dollar threshold, certain...
Financial Abuse of the Elderly

QuickBooks Scam Alert

Courtesy of the CPA Letter Daily; Written by Emily Valla       Scammers are always looking for new twists on common scams, especially when it comes to phishing emails. These emails are meant to trick you into clicking a link and either providing personal...
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