Brian K. Banks CPA PC

Happy New Year! There is a great article that I would like to share with you. It is the February 2013 issue of Consumer Reports entitled "7 Money Stumbles to Avoid". Real common sense stuff that can easily fall through the cracks. Please check it out.

My first tip is more of a common sense tip. Be careful of what you hear and see from the general media when it comes to taxes. I find that generally when one reads something about taxes in a general everyday newspaper or one sees something on TV about taxes, the consumer is generally not getting the full picture about whether a certain expense is deductible or not. In other words, one can get misinformed very quickly. Be very careful when comparing ones "tax refund" to a refund received by a friend or other family member! No two tax returns are alike, it is like comparing apples to oranges. It always best to speak to your professional to determine how certain events that have occured in your financial life apply to your taxes. Thanks for reading! BB

Starting next week, I am going to be more active in using this page to give various tax tips and other useful business information. If anyone has any questions or comments, please email me at [email protected]. Thanks!

Tax season 2009-2010 is done! Where is the golf course????? Thank you all for your support!