Archive for December 2019

Identity Theft (part 2)

You might not realize all the ways someone can steal your identity, like Employment and Tax-Related Fraud, Credit Card Fraud, Phone and Utilities Fraud, Bank Fraud, Loan and Lease Fraud, Government Documents and Benefits Fraud. Then there are things like the 2017 Equifax Data Breach, where 143 million Americans (about 40% of the population) had…

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Identity Theft (part 1)

This topic has been on our minds for a while, but we had to do something after learning what happened to John. It was… The Most Upsetting, Emotional, and Time-Consuming Event Of His Life – The Theft of His Identity! First, let us tell you a bit about John. He’s an average American, just like…

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Opportunity Zones (part 2)

Opportunity Zones were created in the 2017 tax reform to encourage investors to reinvest their capital gains into these areas, in exchange for certain Federal (and possibly State) capital gains tax advantages detailed below. Deferral of Capital Gains Taxes: Capital gains (short‐term or long‐term) from the sale of any asset that is reinvested in an Qualified…

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