Toney's Tax Tips

An Enrolled Agent with over 30 years' experience providing common-sense tax, insurance and financial solutions. Married for over 46 years, having raised two sons, both married to girls named Carla. Go figure.

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Saturday, December 10, 2016

TFX Blog | IRS Advice to Those with Expiring ITINs: Apply Now to Avoid Refund Delays; Agency Offers Tips on Avoiding Common Errors

TFX Blog | IRS Advice to Those with Expiring ITINs: Apply Now to Avoid Refund Delays; Agency Offers Tips on Avoiding Common Errors

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Child Tax Credit 101 [Video] | TurboTax

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Child Tax Credit 101 [Video] | TurboTax

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TFX Blog | 2017 Tax Filing Season Begins Jan. 23 for Nation’s Taxpayers, Tax Returns Due April 18

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Friday, October 28, 2016

Bamboozled: Scammers use Obamacare confusion to target new victims | NJ.com

IRS Form 1095 Relating to Health Insurance

Bamboozled: Scammers use Obamacare confusion to target new victims | NJ.com

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Wednesday, October 26, 2016

IRS Announces Changes to 2017 Income Tax Deductions, Credits, and Other Tax Benefits | CPA Practice Advisor

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How to Determine My Federal Income Tax Rate If I’m Self-Employed | Turbo Tax

How to Determine My Federal Income Tax Rate If I’m Self-Employed |Turbo Tax

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Wednesday, October 19, 2016

Tax Implications of Getting Married | Turbo Tax

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Understand The Differences of Your IRA Options | Bankrate.com

Couple walking their dog outside © CandyBox Images/Shutterstock.com

Understand The Differences of Your IRA Options | Bankrate.com

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Friday, September 30, 2016

Toney's Tax Tips & More!

September 30, 2016 Edition

Social Security: 5 common mistakes to avoid

Toney's Tax Tips & More! Tax Tips, Money-saving Tips and Health Insurance News

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Projected 2017 Income Tax Rates and Brackets | CPA Practice Advisor

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How to Get Tax Credits for College | CPA Practice Advisor

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5 Ways To Use Your IRA To Reduce Risk in Retirement | Bankrate.com

5 ways to use your IRA to reduce retirement risk © spass/Shutterstock.com

5 Ways To Use Your IRA To Reduce Risk in Retirement | Bankrate.com

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Wednesday, September 21, 2016

Toney's Tax Tips & More

September 20, 2016 Edition

U.S. drivers waste billions paying for premium gas, AAA says

Toney's Tax Tips & More! Tax Tips, Money-saving Tips and Health Insurance News

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7 Mistakes To Avoid When Reclassifying Employees | CPA Practice Advisor

employee classification complying with fair labor standards act 1 568d5a687dffa

7 Mistakes To Avoid When Reclassifying Employees | CPA Practice Advisor

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Monday, September 19, 2016

IRS Failed to Alert Victims of Employment-Related Identity Theft - Accounting Web

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1031 Exchange Rules Every Real Estate Investor Should Know - Fox News

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1031 Exchange Rules Every Real Estate Investor Should Know - Fox News

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Friday, September 16, 2016

Fighting Tax Related ID Fraud With Your Cell Phone, One Selfie At A Time - Forbes

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4 Tax Tips for Small Business Owners | CPA Practice Advisor

Tax Tips for Schedule C Filers 1 54986ceb23dc8

4 Tax Tips for Small Business Owners | CPA Practice Advisor

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Tuesday, September 13, 2016

Is It a Business or an Expensive Hobby? - WSJ

Even for tax scholars, it can often prove highly taxing to figure out the difference between a legitimate business that is devoted to making a profit and a venture that isn’t.

Is It a Business or an Expensive Hobby? - WSJ

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Thursday, September 8, 2016

IRS Eases Rules for IRA Rollover Waivers | CPA Practice Advisor

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Friday, September 2, 2016

IRS Video Warns Tax Pros of Cyber Security Threats -CPA Practice Advisor

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IRS urges taxpayers to check their withholding -KGWN

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Thursday, September 1, 2016

IRS Says Some Tax Refunds Will Be Delayed Next Year, Offers Tips -CPA Practice Advisor

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Wednesday, August 31, 2016

Toney's Tax Tips & More!

August 31, 2016 Edition

1.3 million kids have identity stolen annually, 50% under 6-years-old

Toney's Tax Tips & More! Tax Tips, Money-saving Tips and Health Insurance News

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Wednesday, August 10, 2016

Toney's Tax Tips & More!

August 9, 2016 Edition

Elderly Hospital Patients Arrive Sick, Often Leave Disabled

Toney's Tax Tips & More! Tax Tips, Money-saving Tips and Health Insurance News

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Monday, June 27, 2016

Tax Time for Foreign Accounts: FBARs Due June 30 - CPA Practice Advisor

http://www.cpapracticeadvisor.com/news/12223257/tax-time-for-foreign-accounts-fbars-due-june-30

Tax Time for Foreign Accounts: FBARs Due June 30 - CPA Practice Advisor

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IRS Expands Electric Vehicle Tax Credit to 30 Cars, Including 3 Porsche Models - CPA Practice Advisor

2015 porsche 918 spyder first te 1 576ada785bf11

IRS Expands Electric Vehicle Tax Credit to 30 Cars, Including 3 Porsche Models - CPA Practice Advisor

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How Does Your Vacation Home Affect Your Taxes? - TurboTax

How Does Your Vacation Home Affect Your Taxes? - TurboTax

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Monday, June 13, 2016

Toney’s Tax Tips & More!

Women And The Zika Virus: Smart Questions And A Few Solid Answers
June 13, 2016 Edition

Toney’s Tax Tips & More!: Tax Tips, Money Saving Tips and Health Insurance News

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Friday, June 10, 2016

Tax-related identity theft can delay your refund - CNN Money

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6 Steps to Cutting Your Taxes When You Start Taking RMDs - Kiplinger

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Wednesday, June 8, 2016

Toney’s Tax Tips & More!

Does The Olympics In Rio Put The World In Danger Of Zika?
June 8, 2016 Edition

Toney’s Tax Tips & More!: Tax Tips, Money Saving Tips and Health Insurance News

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Wednesday, June 1, 2016

Toney's Tax Tips & More!

How Money's Handled Around the World (Fascinating!)

June 1, 2016 Edition

Toney’s Tax Tips & More!: Tax Tips, Money Saving Tips and Health Insurance News

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Tuesday, May 31, 2016

IRS Warns of Latest Scam Variation Involving Bogus “Federal Student Tax” - Expat Tax Blog

IRS Warnes of Latest Scam Variation Involving Bogus "Federal Student Tax" - Expat Tax Blog

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5 Steps Small Businesses Must Take To Prepare for New Overtime Pay Rules - CPA Practice Advisor

5 Steps Small Businesses Must Take To Prepare for New Overtime Pay Rules - CPA Practice Advisor

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Friday, May 27, 2016

Toney's Tax Tips & More!

The superbug that doctors have been dreading just reached the U.S.
May 27, 2016 Edition

Toney’s Tax Tips & More!: Tax Tips, Money Saving Tips and Health Insurance News

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Wednesday, May 25, 2016

Toney's Tax Tips & More!

20 Signs You're Financially Stable (and 20 Signs You're Not!)
May 25, 2016 Edition

Tax Tips, Money-Savings Tips & Health Insurance News

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Tuesday, May 24, 2016

Toney's Tax Tips & More!

Health-care costs for typical American family just topped $25,000

May 24, 2016 Edition

Tax Tips, Money-Saving Tips & Health Insurance News

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How Well Do You Know Social Security? - Kiplinger

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Tax Filing Deadlines for Expats, FBAR Coming Up | CPA Practice Advisor

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Wednesday, May 18, 2016

Forget Money: How The World Paid Taxes in the Past - TurboTax

Forget Money: How The World Paid Taxes in the Past -TurboTax

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Toney’s Tax Tips & More!

May 18, 2016 Edition

These bacteria are all over your wallet and smartphone

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Tuesday, May 17, 2016

How Tax Scam Victims Can Clear Their Names With the IRS -- The Motley Fool

Hacker In Hoodie Identity Theft Cyber Security

How Tax Scam Victims Can Clear Their Names With the IRS -- The Motley Fool

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Thursday, May 12, 2016

Bamboozled: The IRS doesn't accept iTunes gift cards as payment for overdue taxes -NJ.com

Bamboozled: The IRS doesn't accept iTunes gift cards as payment for overdue taxes - NJ.com

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Tuesday, May 10, 2016

Six Ways to Reduce Your Taxable Income - TurboTax

Six Ways to Reduce Your Taxable Income - TurboTax

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How to Calculate the Taxable Amount of an IRA Withdrawal - CPA Practice Advisor

How to Calculate the Taxable Amount of an IRA Withdrawal - CPA Practice Advisor

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Monday, May 9, 2016

Taking Selfies to Fight Taxpayer Identity Theft - Accounting Today

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Sunday, May 8, 2016

Toney's Tax Tips & More!

May 6, 2016 Edition

Tax Tips, Money-Saving Tips & Health Insurance News

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Thursday, May 5, 2016

Tax Season Remains Open For Many Tax Exempt Organizations - Forbes

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Tax Tips and Tricks for Veterans - Huffington Post

Tax Tips and Tricks for Veterans - Huffington Post

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Editor's note

We struggle with important tax, insurance and financial problems and make what we hope are informed decisions. Afterwards, we stumble upon an article that indicates the common sense solution was something we never even knew was available. It can make you sick. “If only I had known this ahead of time!" I’ve chosen articles and stories of interest to myself and my clients. I hope you will find the information interesting, practical and helpful.

Disclaimer: This site is purely a public resource of general information which is intended, but not promised or guaranteed, to be correct, complete, and up-to-date. The content on this site is for informational purposes only and should not be viewed as actual tax, accounting and/or financial advice, and is not representative of a client relationship. Each individual and business has unique circumstances and should consult with a financial professional before making any changes.

IRS Circular 230 Disclosure: To comply with requirements imposed by the Department of Treasury, we inform you that any U. S. Tax advice contained in this site (including any links to other websites) is not intended or written to be used, and that it cannot be used by any person, for the purpose of (i) avoiding penalties that may be imposed on the taxpayer, and (ii) supporting the promotion or marketing of any transactions or matters addressed herein.