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From the Headlines to your Bottom Line

IRS Reports a Significant Increase in Whistleblower Awards

The IRS Whistleblower Office is celebrating its tenth anniversary this year. According to a recent report, fiscal year 2016 was "very productive" and "transformative" for the program. It collected nearly $369 million in unpaid tax liabilities and awarded more than $61 million to informants. Here's more on how the IRS program works, along with a list of federal laws that provide whistleblower programs for employees and others.
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Tax Fraud Awareness: How to Protect Your Identity and Assets

Do you know the warning signs that you may be a victim of tax-related identity theft? Here we explain those signs along with ways thieves can turn your personal information into quick cash. Tax season starts on January 23. There's no time like the present to take simple steps to safeguard your data online and at home from identity thieves.
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Consider State Taxes When Deciding Where to Live in Retirement

For years, you've dreamed about your ideal retirement home. Regardless of whether you prefer the beach, the mountains or a location close to the grandkids, state taxes are an important consideration. Here, we explain the full range of state taxes to consider including income, property and estate taxes and then we highlight the importance of establishing domicile to prevent both your old and new states from claiming you owe them taxes.
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How We Add Up

"Our clients rely on Fust Charles Chambers to provide innovative thinking by anticipating changes in tax laws, accounting methods and industry and economic trends. At other times, our clients depend on us to act as a sounding board for their ideas and concerns. We’re proud to be part of our clients’ team with the purpose of assisting them in attaining their goals and objectives."

- Joseph L. Charles, Partner