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Archive for August, 2017

Know the Rules for Amending a Federal Income Tax Return

Posted on August 18th, 2017 by Shari Elias

What should you do if you discover an error on a previously filed individual tax return? For example, you might have missed some tax-saving deductions and credits on your 2016 personal federal income tax return that you filed in February. Or you might have recently discovered that you failed to claim some legitimate tax breaks […]

Understand Your Social Security Retirement Benefits

Posted on August 17th, 2017 by Shari Elias

For years, people have questioned the viability of the Social Security system going forward. In July, the Social Security Board of Trustees released its annual report on the long-term financial status of the Social Security Trust Funds. The report projects that the combined asset reserves of the Old-Age, Survivors and Disability Insurance (OASDI) Trust Funds […]