After disaster strikes, people often want to help those in need. Unfortunately, this is also when fake charities pop up. The IRS recently reported an uptick in emerging charity scams since hurricanes Harvey, Irma and others made landfall.
Every year taxpayers are hit with tax surprises that could be avoided if they just knew the rules. Here are three big ones that are easy to avoid with some simple planning.
As September comes to a close, it’s interesting to look at a few market proverbs compared with how markets have been performing. “Sell in May and go away” refers to the strategy of booking profits at the end of May each year and waiting out a traditionally down time in the market. If you subscribed to this strategy in 2017, you would have missed out on the S&P 500 rising more than 4% over the summer (June 1 – Sept 29).
Between recent Hurricanes Irma, Harvey, Maria, not to mention an array of hailstorms, earthquakes and fires that have plagued the non-coastal areas of the country,
