Owe income tax?
There is one way to reduce your 2015 tax bill NOW that 2015
is over. You can deduct up to $5,500 ($6,500 age >50) per spouse on line 32 Form 1040. You
must be under age 70½ at the end of the tax year in order to contribute to a
traditional IRA. There is no age limit to contribute to a Roth IRA but you
don’t get the deduction since all the gains are FREE. You must have taxable
compensation—wages, salaries or self-employment. It also includes tips,
commissions, bonuses and alimony. If you are married and file a joint tax
return, only one spouse needs to have compensation in most cases. You may also
qualify for the Saver’s Credit on line 51. It can reduce
your taxes up to $2,000 if you file a joint return. You have until April
18 to reduce your bill. You can amend your return if you forgot to take deductions for
teachers, student loan/tuition, early withdrawal, alimony, energy saver, and other
taxes paid.
Refund? Create a tax-FREE retirement painlessly: http://www.amazon.com/Tax-Refund-Millionaires-Let-Uncle-Help/dp/149595644X
Protect your tax refund—use your Protection PIN
Save yourself the grief of fighting for your refund and your
ID. It takes 9 months to resolve Identity Theft cases. Use a PIN on your return
that thieves can’t submit on a fake return. Even if they have your Social, they
don’t have your P PIN. Send in this Form 14039 to the IRS
for your P PIN and use it on your return.
https://www.irs.gov/pub/irs-pdf/f14039.pdf.
Anyone who has had their bank or store account hacked may be a victim so this
PIN may be used each year. IRS will send you a new one each year. The IRS
rejected or suspended the processing of 4.8 million suspicious returns last
year.
Don’t be next.
Can Warren Buffett make you a millionaire?
Mr Buffett has made thousands
of investors in his company Berkshire Hathaway millionaires
and billionaires. His record over 50 years is unmatched by Wall Street
because he does not trade securities nor time the market or do
ANY of the things the “professionals” swear we should do to become wealthy.
Ironically, Buffett does not charge an annual fee or a commission or an
inactivity fee or a fee of any kind. In fact, Buffett tells us NOT to pay
anybody to invest for you. He has provided us with all the information we need
to become millionaires on our own for FREE. He does not sell anything. He
doesn’t need the money—he has $72 billions already.
Let Warren make
you a millionaire: http://www.amazon.com/Warren-Buffett-can-make-millionaire/dp/1530555981
Did you sell when the market fell 11% this year?
If you did NOTHING, you are following the Investment
Wisdom to Live Well By. If you sold on February 11 or 12, I’m sorry.
Have you re-invested in the market or held cash? If you went to bonds, you may
be down less than 1%. It is almost impossible to know when to buy and sell at
the right times to take advantage of the volatility of the market. Hedge funds
with “brilliant” salespeople have not had a great year although they have all
been paid well. But if you are not a trader or hedge fund manager, you are
trying to figure out what to do next.
Why not follow the investment wisdom of the ages with
Buffett, Bogle and the Bible as your guide: http://www.amazon.com/Buffett-Bogle-Holy-Bible-Investment/dp/1523693045
GOP Religion wins in FL – no choice for women when clinics
close
FL bill is similar to a Texas
law requiring admitting privileges at a nearby hospital, which is now being
challenged before the U.S. Supreme court. The measure goes to Gov for signature.
Sen. Kelli Stargel, R-Lakeland, said her bill is not intended to outlaw
abortion — which she admitted she would like to do, if the courts would
allow it.
GOP uses regulations when it helps install GOP religious
beliefs.
GOP wants NO regulation of global warming even if it kills
us!
Even Forbes,
the Capitalist Tool, is advocating action
on warming, especially in low areas like FL and TX, despite Rubio, Cruz and
Gov
Scott and Abbott denials. You can’t stick your head in the sand anymore
without drowning. 80% of FL and 70% of TX will be affected. Should you sell and
move now? A new storm could reduce your equity even more if GOP does not even
consider action now. Denial has no long-term benefits.
These are the people who run this country?
Did your broker tell you goodbye?
Most brokers and advisors are being told by their firm that
they must drop clients with smaller balances. The reason is simple: profit.
They claim that with the new regulation mandating that brokers offer
you the best product for your situation (not just a satisfactory product
with high commission), they can’t make money. For instance, the firm will not
keep your account because a mutual fund that costs $0.05% per year that does
the same thing as their fund that costs 2.2% is the best for you but is not
profitable. They will only offer unique products like a “managed” account
because it is profitable. A managed account is supposed to be designed just for
you even though most are standardize portfolios by your age, risk tolerance and
social class. The fiduciary
rule will make investing less expensive and more rewarding for most
investors. Some studies show that investors lose up to 63% of their possible
accumulations to unnecessary fees and commissions. You will pay less and earn
more.
Trump as President is logical outcome for GOP’s Tea Party revolt
The Teas have finally achieved their goals. After shutting the Federal government in 2013
and filling the House and Senate with “no
compromise” representatives and turning back time in many state
governments, the movement has created a new era in politics. America
Where are the Teas
taking us? Their goals are interpreted in different ways but the theme
seems to be to go back
to America in the 1950s or earlier when white Christian men created the
most successful economy in history. Conservative white males made the rules for
all of us to follow and the rules favored their class. They justified the
system in the name of defense against the godless communists. They napalmed Vietnam
to get rid of them. They created the military/industrial complex so America
could arm the world profitably. Today the enemy is combo of terrorists,
illegals, social support programs, non-Christians, gun controllers, regulation,
voter ‘fraud’, big government, pro-choice laws, Social
Security and Medicare expenses, liberal thoughts, and social toleration. A Milwaukee man is accused of killing his neighbors
after finding out they
didn’t speak English.
House GOP’s new budget will increase
spending and cut SS and Medicare!!!
Does our President need to be smart and truthful?
Do
they even care about truth?
Trump: Individual allegiance
(swear) to the Leader, not GOP, in FL rally =1935
“I
think Islam hates us.” We can’t let people
who hate us in. Muslims this time!
“Just watch
me build the Wall”—but they
use tunnels these days
And
sometimes submarines!
Trump
food and mags are not his—“Sorry, that line is discontinued.”
Glenn Beck compared Breitbart website to Hitler propagandist
Goebbels.
Threatens
3rd party and GOP failure if not GOP choice at convention
Christie: I
love spending Other People’s (Taxpayers) Money on my flights and lunch.
Hill: VP rumors are Michelle Obama, Kerry, Bernie and Liz
Warren?
Bernie: CA is next biggie
Regulators are the only protection we have since we
can’t sue anymore
“It
is nearly
impossible for one individual to take on a corporation with vast resources.”
(GOP bill requires impossible: every person in class
action suffer “same type and scope of injury”)
Supremes
stop us from suing—State courts no longer available to sue corporations!
Credit Suisse has
been accused of allowing money
laundering by one client
Student
Loan Processing.US, James
Krause, banned from in debt relief businesses
Royal Alliance Assoc, SagePoint Financial and FSC Securities
overcharge
you!
Top brokers with most advisors disciplined for misconduct—the bad apples list
20% Oppenheimer & Co.
One in 5 brokers caught mistreating clients.
18% First Allied Securities, Inc.
15% Wells Fargo
Advisors Financial Network, LLC
15% UBS Financial Services
14% Cetera Advisors, LLC
14% Securities America ,
Inc.
14% National Planning Corporation
14% Raymond James &
Associates, Inc.
13% Stifel, Nicolaus &
Company, Inc.
13% Janney Montgomery
Scott, LLC
Tuna recalled before you get sick: http://www.fda.gov/Safety/Recalls/ucm491107.htm
Morgan
Drexen caught charging illegal fees and deceiving consumers on debt relief.
We need regulation—GOP wrong—companies/cities
wouldn’t fix bad products on own
How did we get into debt to $19 TRILLION? Can we ever pay it
off?
Each President has increased the public debt for different
reasons. http://www.business
insider.com/who-increased-the-debt-2012-9. Each party claimed it was doing
what was best for the country. We got to
$19 Trillion by spending more. Neither party will take us back to ZERO
despite claims. No candidate, even GOP, is promising to reduce the debt. All
want to increase debt because
they all want to buy more military and more gov spending, cut taxes and pay the
ever increasing interest on the debt. If other countries overspend too, does it
make any difference in relations if we are all in debt to each other? If
corporations change their tax address (on paper) to pay less tax and the
wealthy move their assets to the lowest tax places, can any tax system built on
individual
accountability pay off its countries debt? … doubtful. Are the current
tax territories (town, county, state, country) even relevant if those making
the most money—corporations and top 3%--can fake a new tax addresses?
Don’t get stuck paying their taxes: http://www.amazon.com/Your-Tax-Haven-Tax-FREE-Americans/dp/1482659441
How our government wastes
our money
EPA blamed for not stopping Gov Snyder from changing water
supply of Flint but GOP does not want EPA to regulate our
water, air, food, etc. Nixon
created for safety.
SCAMS
Someone claiming to be from the
IRS calls and asks for money or to verify your identity? Hang up immediately. Contact
TIGTA to report the call. Use their “IRS Impersonation Scam Reporting” web page. You can also
call 800-366-4484. Report it to the Federal Trade Commission. Use the “FTC Complaint Assistant” on FTC.gov. Please add “IRS
Telephone Scam” in the ‘notes.’ For more, visit “Tax Scams and Consumer Alerts” on IRS.gov.
Who owns your account now?
IAN
41 Watchung Plaza, B242
973.746.2014
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