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From the Headlines to your Bottom Line

Protect Elderly Family Members Against Financial Exploitation

Financial exploitation of elderly Americans is on the rise, according to a federal government agency. Knowing the common tactics employed by perpetrators of this abusive, often criminal, behavior could keep your loved ones from adding to the grim statistics. Here are some proactive ways you can help.
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Records Retention Guidelines to Remember during Spring Cleaning

Spring has finally sprung! Before you start cleaning out your personal or business files, review these guidelines. On the one hand, excess clutter takes up space in your home, office or hard drive and it could lead to stolen identities if not properly disposed of. But, if you purge too soon, you might not be able to file an amended return or defend against inquiries by the IRS and state tax agencies.
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Electric Vehicle Tax Credit: You Can Still Save Greenbacks for Going Green

Buyers of new plug-in electric or hybrid vehicles may be eligible for a federal income tax credit of up to $7,500, along with other cost-saving benefits depending on where they live in the United States. But beware: Some electric and hybrid vehicles now qualify for only a partial credit due to a phaseout rule. If you wait too long, the credits for those vehicles will be completely phased out. Here are the details.
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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