If you are audited by the IRS, the audit will either be a field, office or correspondence audit.  You should not represent yourself in an audit; you should hire a CPA, Tax Attorney or Tax Preparer to represent you.  Remember…the IRS has the right to audit a return within three years from the due date or filing date. more…

Most taxpayers should not represent themselves in an IRS audit.  Most taxpayers should have their CPA or tax preparer represent them.  If they hire their CPA, they should not accompany them to the audit.  Why?  They might be tempted to answer unasked questions. more…

Recently my son turned 18.  In Connecticut this is considered the age of majority.  In other words, he can make his own decisions.  Well, that's what the law says.  However, he's still living under my roof, so he’s got to deal with me.  It's probably more accurate, though, to say that I have to deal with him. more…

Mr. Dan Duncan passed away in March of this year.  It is estimated his net worth was $9 billion, making him one of the top 100 most affluent people in the world.  A self-made man, he amassed his fortune in energy.  He was also very philanthropic, giving away hundreds of millions of dollars. more…