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Red Flags That Can Raise Your IRS Audit Risk

Ever wonder why some tax returns are eyeballed by the Internal Revenue Service while most are ignored Short on personnel and funding the IRS audited only 0 70 of all individual tax returns in 2016 So the odds are pretty low that your return will be singled out for review And Source
Posted On 09 Mar 2017

Tax Audit Risks for the Self-Employed

Being in business for yourself can be exciting lucrative and a great way to draw the attention of the Internal Revenue Service s audit division Short on personnel and funding the IRS audited only 0 70 of all individual returns in 2016 But if you file a Schedule C to report profit...
Posted On 09 Mar 2017

How Trumps Proposals Can Impact Your Taxes

By  Kevin Michels, CFP® One of the many promises President Trump made throughout his campaign was to simplify the current tax code. This has been on the Republican’s agenda for quite a while and now with a Republican president and majority power in both houses of Congress, they...
Posted On 09 Mar 2017

When is Car Insurance Tax Deductible?

This tax season, in addition to running through the normal tax deductions, from student loan interest to charitable donations, you may want to consider whether some or all of your car insurance costs might be written off in your 2016 tax return. Unfortunately, only certain...
Posted On 09 Mar 2017

12 Tips to Cut Your Tax Bill

An unexpected tax bill can ruin anybody’s day. To help avoid that unpleasant surprise, here are 12 easy moves many people can make to cut their tax bills. In many cases, you must itemize rather than take the standard deduction in order to use these strategies, but the extra...
Posted On 09 Mar 2017

Why Macys Inc Stock Rose 12% Last Month

What happened Department store staple Macy s NYSE M has been struggling lately but gained back some of its recent losses after the company received a potential buyout offer from Hudson s Bay the parent of Lord amp Taylor and Saks Fifth Avenue Macy s finished February Source
Posted On 09 Mar 2017

RPC Stock Getting Very Oversold

In trading on Wednesday shares of RPC Inc Symbol RES entered into oversold territory changing hands as low as 18 40 per share We define oversold territory using the Relative Strength Index or RSI which is a technical analysis indicator used to measure momentum on a scale of zero...
Posted On 09 Mar 2017

XEC Crosses Critical Technical Indicator

In trading on Wednesday shares of Cimarex Energy Co Symbol XEC entered into oversold territory changing hands as low as 119 86 per share We define oversold territory using the Relative Strength Index or RSI which is a technical analysis indicator used to measure momentum on a...
Posted On 09 Mar 2017

Devon Energy (DVN) Shares Cross Below 200 DMA

In trading on Wednesday shares of Devon Energy Corp Symbol DVN crossed below their 200 day moving average of 42 06 changing hands as low as 40 48 per share Devon Energy Corp shares are currently trading down about 6 3 on the day The chart below shows the one year performance of Source
Posted On 09 Mar 2017

CONSOL Energy (CNX) Shares Enter Oversold Territory

In trading on Wednesday shares of CONSOL Energy Inc Symbol CNX entered into oversold territory changing hands as low as 14 91 per share We define oversold territory using the Relative Strength Index or RSI which is a technical analysis indicator used to measure momentum on a...
Posted On 09 Mar 2017