Williams & Ribb LLP

Good Article to read and ponder ....

Opinion | Trump and Election Denial The collusion hoax, FBI meddling and “stop the steal” are all the same sickness.

http://www.accountingtoday.com/news/taxpayers-warned-of-largest-ever-phone-fraud-scam-from-irs-impostors-70053-1.html

Taxpayers Warned of ‘Largest Ever’ Phone Fraud Scam from IRS Impostors The Treasury Inspector General for Tax Administration is warning taxpayers to beware of phone calls from individuals who claim to represent the Internal Revenue Service, but in reality are trying to defraud them, in what it is saying is the largest ever scam it has seen to date.

Are you part of the percent of Americans who want to reinvest their tax refund or part of the ones that want to use it to pay off debt?

45% of the 1,000 investors in a recent survey expect to receive a tax refund, and among them, 61% plan to save or invest the money.

http://www.accountingtoday.com/news/Many-Plan-Invest-Tax-Refunds-69683-1.html

Many Plan to Invest Their Tax Refunds Forty-five percent of the 1,000 investors in a recent survey expect to receive a tax refund, and among them, 61 percent plan to save or invest the money, according to a poll by TD Ameritrade

52% of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses.

http://www.accountingtoday.com/news/Taxpayers-Plan-Use-Tax-Refunds-Necessary-Expenses-69787-1.html

Taxpayers Plan to Use Tax Refunds for Necessary Expenses About 52 percent of Americans intend to spend their annual tax refund on necessary expenses such as loans, credit cards and other household expenses, while another 30 percent plan to put the money into savings and only 8 percent plan to invest the tax refund money, according to a new survey.

The Swedish pop group Abba mainly wore its flamboyant outfits during its heyday in order to be able to take a tax deduction on its clothing, according to a new book.
http://www.accountingtoday.com/news/Abba-Wore-Flashy-Clothing-Tax-Deduction-69638-1.html

Abba Wore Flashy Clothing as a Tax Deduction The Swedish pop group Abba mainly wore its flamboyant outfits during its heyday in order to be able to take a tax deduction on its clothing, according to a new book.

Because IRS transcripts are not made for easy interpretation, many taxpayers accessing their transcripts will have more questions than answers. Here, the authors answer 6.
http://www.accountingtoday.com/news/6-tips-for-irs-transcripts-69635-1.html

6 Tips for IRS Transcripts Now that clients have access to their transcripts online, tax preparers need to be prepared to answer these six questions.

Instead of spending the big tax refunds they're expecting this year, the vast majority of Americans plan to sock the money away.
http://money.cnn.com/2014/02/14/pf/taxes/tax-refunds/index.html

Most Americans plan to save their tax refunds The majority of Americans plan to save or invest their refunds this year, according to a new survey from TD Ameritrade.

2013 Year End Tax Planning .....

2013 Year End Tax Planning

Moving up the ladder ....

http://blogs.wsj.com/atwork/2013/11/11/rising-up-the-ladder-in-america-whos-upwardly-mobile/?mod=e2fb

Rising Up the Ladder in America: Who’s Upwardly Mobile? A great many of Americans born into the poorest segments of the population are stuck there for life, a finding that suggests the U.S. has much to do to improve social mobility, according to a study.