Peter Tuttle's (petertuttle) Blog

Covering the Cost for College While Saving Tax Dollars Saving for college should ideally take place well before your child reaches college age, but for many reasons that isn't always possible. Whether you have years to go before your children are ready for college or you already have a coed in th...

E-mails From the IRS? Be Skeptical Have you ever received an e-mail that promises you an additional tax refund? In one day, I received six of them, each with a higher amount than the last. Unsuspecting people may fall for such a gimmick and unwittingly start providing the sender with personal inf...

Are You Reporting All of Your Income? The IRS is stepping up its efforts to close the tax gap and taxpayers who underreport income are their prime targets. For those of you who are unaware, the tax gap, or the amount of taxes that go unpaid each year, results from taxpayers underreporting their t...

Most Real Estate Agents, not unlike other business people, strive to keep their name in front of potential clients.  We send notes and congratulations, by US mail and e-mail.  We pick up the phone and call them.  We send Birthday cards, Anniversary cards, cards on their children's birthday.  We m...

It's Tax Time. Do You Need a Professional? As if the after-holiday bills aren't rolling in fast enough already, along comes tax time. You're probably as thrilled about that as the average taxpayer. With the growing complexity of tax preparation, you, like a majority of the population, are likely ...

Sell It on eBay and Pay Uncle Sam Many people don't realize the income they earn from auctions and consignment sales may be taxable. If you regularly sell items you own, you might be considered a business owner and not even know it. Are you reporting all your income? The Internal Revenue Service ...

Avoid Common Tax Return Errors At the close of each tax filing season, the Internal Revenue Service (IRS) compiles a list of the most common errors taxpayers make when filing their tax returns. Believe it or not, incorrect mathematical calculations are not the number one error. The most frequent ...

Ready or Not...Tax Season is Here! Yes, it's that time of year again. A whole year has flown by, making today the perfect time to start preparing for the time-honored tradition of filing your tax return.  If you are looking for a tax advisor, contact me by e-mail at the link to the right.The easi...

Tips you can use:         Economic "Stimulus" 2008                         February 22, 2008I have been fielding calls and e-mails on this subject and thought it would help to provide my overview of what is happening. If you have further questions, contact me or discuss them with your tax advisor...

Properly understanding your insurance policies is a must. While we realizethat an insurance policy may not make for exciting reading, you need to do it, and we haveseveral resources available to help you understand what your homeownersand auto policies do and do not cover.Let's take a quick look ...