The “dirty dozen” that criminals & cheats try to get away with year-round. Year after year, criminals try to scam certain taxpayers. Year after year, certain taxpayers resort to schemes in an effort to put one over on the IRS. These cons occur year-round, not just during tax season. In response to their frequency, the IRS has listed the 12 biggest offenses – scams that you should recognize, schemes that warrant penalties and/or punishment. Identity theft. Theft of federal tax

Do you have a strategy to follow? Have you created a company that someone will want to buy? Your children won’t necessarily want to take over your business, so an exit strategy is essential to getting the outcome you want. You must prepare your firm for the transition – and you must be prepared as well. When should the planning begin? Think five years away from the date of sale – at least. You could even start ten years before. Readying yourself. Have you thought about what y