Monthly Archives: March 2015

Foreign Income Could Mean Domestic Punishment

If you are a U.S. citizen or resident who worked or earned money outside of the U.S., you may want to review these tips: U.S. citizens and residents are required to report any and all income received, whether in the … Continue reading

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Hello Divorce, Goodbye Pension

Missouri courts have ruled that a divorce is not complete unless the pensions or retirement of all the people involved are addressed.  When dividing up a retirement account, the court is going to need proof of its present cash value … Continue reading

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Are You Standardized or Itemized

When filing your income taxes, you must tell the IRS if you would like to take the standard deduction or the itemized deduction. The standard deduction is a deduction of a set amount without any work or proof required on … Continue reading

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Get Your Money or Let Us Get It for You

On March 11, 2015, the IRS released a statement stating that over $1 billion dollars in refund money is waiting for people to claim it for the tax year 2011.  If you did not file a 2011 income tax return, … Continue reading

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Receive a Request for Admissions?

Did you receive a request for admissions in a lawsuit you are a part of and not sure what to do?  Before you freak out, make sure you are not receiving the requests too early. Missouri Supreme Court Rule 59.01 … Continue reading

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Selling Real Estate

An Oklahoma court has stated that if a seller knows of something wrong with the property, but does not disclose the defect, then the seller could have to pay the buyer to fix the problem.  The key element in suing … Continue reading

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Management of Your Corporation

Generally, the management of a corporation is performed by the board of directors.  As long as the board of directors make decisions in good faith and without any dishonest influence, then the board of directors are viewed and treated as … Continue reading

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Bad Construction Companies

Did you know that you could sue a construction company, and its owners, if they fail to pay the subcontractors for a job that is done for you?  Its true.  Missouri courts have said that if a contractor fails to … Continue reading

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Premium Tax Credit

If you purchased healthcare through the Marketplace, you may be eligible for premium assistance by claiming the Premium Tax Credit on your 2014 income tax return.  When filing your income tax return, your tax professional needs to reconcile the advance … Continue reading

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Healthcare Tax Forms

For taxpayers who receive health insurance coverage through an employer, a government plan, or the marketplace, they will need to report their health insurance coverage on their tax return for the 2014 tax year. Taxpayers who have health insurance through … Continue reading

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