Unemployment Fraud Plagues Unemployment Systems
Submitted by Kaizen Financial Advisors, LLC on May 22nd, 2020
Washington State appears to be the primary target of recent attacks on the unemployment insurance system across the country.
Washington State appears to be the primary target of recent attacks on the unemployment insurance system across the country.
The Internal Revenue Service knows that many taxpayers have had a stressful spring. So, as you may already be aware, they reset the federal tax deadline. We all have until July 15th to file our 1040 form. July 15th is also the deadline to pay any federal taxes owed for 2019.1
Q1 Quarter’s Recap
If somebody had told you 15 years ago when oil prices were rising above $150 a barrel that oil producers would be paying storage companies to take oil off their hands, what would you have said? For that matter, what would you have said if somebody had told you these things a month ago?
We witnessed an extraordinary move in the financial markets on Monday, March 9.
Back in 1987, right after the markets had experienced the famous “Black Monday” decline which took the Dow Jones Industrial Average down by 22.6%, the weekly Barron’s financial publication featured, on its cover, a suitcase with the frightened eyes of a Wall Street broker peeking out of its dark recesses, and an arm reaching out to wave a white flag.
Tax season is underway, and we have some tips for recordkeeping. You should keep track of and store your tax and other financial records to avoid delays as the filing deadline approaches. Records may include W-2 forms, canceled checks, certain receipts, and previous year returns.
Common documents
IN THIS MONTH’S RECAP:
If you are not already receiving 2019 tax forms, you may receive some soon. 1099 forms are sent out by banks and brokerages in January. Sometimes 1099s are restated, and you may receive an updated version in February.
2019 RECAP