The Powers and Limitations of IRS Auditors by Chuck Franklin

No matter the time of year, the IRS Audit and Enforcement people are always on the prowl for new cases, and their first step, should you find yourself in their crosshairs, is almost always the audit. Dealing with an audit, even if only via correspondence, is never fun...

Chuck Franklin’s Guide For Choosing An Executor Of Your Estate Plan

We love what we do. I'm not sure if it's always obvious, but perhaps you can take a cue from the fact that I take the time to post you these sorts of notes on a regular basis, if not by other factors. We love this stuff, and consequently, we work hard for our Greater...

Should You Set Up A Trust? 5 Questions For Greater Columbus Ohio Families

We all woke Monday morning to news of more senseless tragedy and horror, this time, as you no doubt have heard, from Las Vegas. Yet another picture of a kind of terror that I cannot fathom; imagine going to a simple music festival and suddenly having death rain down...

Should Greater Columbus Ohio Parents Sacrifice Their Retirement for Their Children’s College Debt?

As Houston continues to recover from the devastation of Harvey, if you've been paying attention, you also have gotten a bit of a refresher on the greatness of humanity when pushed against the wall. Aside from the outpouring of financial assistance flying towards...

Five Steps To Help Greater Columbus Ohio Families And Individuals Prepare for Financial Emergencies

With Hurricane Florence barrelling towards the southeastern United States, I'm reminded (again) about how the unexpected can put a big dent into a well-planned life.And as a planner by nature, these kinds of slow-approaching problems (like hurricanes), are the sort of...

Franklin’s 5 Retirement Money Mistakes You Can Avoid Ahead of Time

We're turning the corner into November this week, which means that 2017 is close to being over. And based on what I've heard from more than a few of my Greater Columbus Ohio clients, turning the corner into 2018 is going to be a welcome event. It's been a rough year...

Franklin’s Four Good Reasons To Give Charitably, Aside From Tax Deductions

As I write this, the Senate has passed their version of the tax reform bill, and now we wait for the final version of the bill. The process isn't yet finished (it needs to go through the "reconciliation" process, and the President needs to sign it), but we have some...

Common Sense Taxpayer Information Security for Chuck Franklin CPA, LLC Clients

We're gearing up for tax season around here, already beginning to help certain Greater Columbus Ohio clients get their returns ready for filing (yes, this early) when the IRS begins allowing receipt of electronically-filed returns on the 29th of this month. And while...

Chuck Franklin’s Next Steps After Settling With The IRS

With Memorial Day behind us, let's talk about what happens AFTER we are able to strike a deal on your behalf with the IRS. Because after all, that really is the goal here isn't it? So ... the IRS agreed that you could not pay all of your taxes back, and that a...

Chuck Franklin’s Five Key Long-Term Financial Goals

It's helpful to have long-term financial goals at which to aim. But the problem is that there is just SO MUCH financial advice to be had on ye olde World Wide Web that cutting through the noise and finding simple targets is difficult. So, that's what I'm here to...

How You’re Missing Legal Tax Deductions

Here’s a certain truth: the State and Federal Government would love to have more of your hard-earned money in their accounts. Sure, even though it’s painful, none of us begrudge paying our legal and fair share of taxes.

But the problem is that regular taxpayers, like you, are missing out on legal and safe deductions, to the tune of hundreds of millions of dollars in unclaimed refunds every year!