Entries by Lisa McConkey

Equifax Data Breach

UPDATE: News is now reporting that Equifax had an additional hack, a potential related precursor to the hack in May, 2 months prior – this one in March.  At the time this original hack happened, Apache Software issued a software patch to be immediately implemented – Equifax did not do it, causing the 2nd more […]

Relief Aid & Charitable Giving

This last month has been a devastating time on our side of the planet.  Two Large Cat4/5 Hurricanes in Texas and Florida along with am 8.1 Earth quake along the Mexican Coast.  Like so many, you may want to help give to Charities and Organizations that can help so many displaced people get back on […]

What is the Estate Tax and why do we have it!

Ok, so this tax seemed to be getting an awful lot of bad press lately.  Certain VERY Wealthy Think Tanks have been doing their best to get you to believe that this tax is unfair and needs to be abolished.  But does it really? First, you need to understand exactly who and how this tax […]

Summer Camps & Tax Credits!! No Really :)

Parents are stressed in so many ways now-a-days, work, school and summer – what to do with the kids while I work!  However there may be at the least, some tax relief available.   And if you haven’t yet filed your 2016 taxes… don’t forget last summers camps! Here’s the  IRS Special Edition Tax Tip 2014-16, […]

Worst year EVER collecting TIN information?

Well.. Once again, we made it through the 1099 filing season without too many issues.   But it does seem that EVERY year there is one or two vendors that outright REFUSE to provide the Tax Payer Information so that you, as a business, can get your 1099s out by the January 31st filing deadline.   Having […]

Concerned about the Future?

So not to scare you.. ok, maybe to scare you a little bit, every time the Republican’s have had a Super Majority in American Government (House, Senate & Presidency) they have crashed the Economy.  So far in history that’s 3 for 3 or 100% of the time!  In 1907/1908 during the Banking Panics; 1928 when […]

New Overtime Rules for Employees – What you need to Know

11/30/2016 – DELAYED! As of right now, the new overtime rules do NOT go into effect tomorrow.   On November 22nd, a US District Court Judge in Eastern Texas granted an Emergency Motion for a Preliminary Injunction which stayed the implementation of the updated Overtime rule. In my opinion (take it for what it’s worth) this […]