DACA Tax Services

Here's a look at what the new income tax brackets mean for every type of taxpayer Tax bracket ranges have been adjusted under the new Republican tax law. Here's how the changes will affect taxpayers.

IRS Doesn't Tell 1 Million Taxpayers That Illegals Stole Their Social Security Numbers By Stephen Dinan | The Washington TimesThe IRS has discovered more than 1 million Americans whose Social Security numbers were stolen by illegal immigrants, but officials never bothered to tell

IRS Warns of New Email Phishing Tax Scam The IRS is warning of another scam that targets businesses, school districts and non-profits. It involves a new twist on an old email phishing scam that targets anyone with employees.

Check out this article from USA TODAY:

Supreme Court: Double taxation a no-no

http://usat.ly/1HpUCxY

Supreme Court: Two states can't tax the same income The Supreme Court came down against double taxation Monday in a case that could cost some states and cities millions of dollars.

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http://www.bankrate.com/finance/taxes/estate-taxes-trusts-1.aspx

How To Avoid Estate Taxes With Trusts | Bankrate.com When it comes to estate planning, estate taxes and trusts are key components. Find out how to avoid or reduce your estate taxes using trusts.

http://www.nolo.com/legal-encyclopedia/question-living-trust-avoid-estate-taxes-28122.html

Can I avoid estate taxes with a basic living trust? - Nolo.com Can I avoid federal estate tax by granting my wife and two adult children 50%/ 25%/ 25%, respectively, through a revocable living trust, rather than setting up an AB irrevocable trust?

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Documents prepared by DACA Trust Services, a legal document assistant registered in the county of San Diego, registration #131. DACA Trust Services is not an attorney and can only provide self-help services at your directions. Prices subject to change & additional fees may apply.

Check out this article from USA TODAY:

9 commonly overlooked tax breaks

http://usat.ly/1Gamku3

Save on taxes: 9 commonly overlooked tax breaks Are you missing out on tax breaks? Here are 9 that are often overlooked.

TAX FACT OF THE DAY:
Another reason to support local business.

"In 2009, Bank of America had an income of $4.4 billion. However, they paid $0 in taxes."-Business Insider April 13, 2010

http://www.washingtonpost.com/news/get-there/wp/2015/02/11/report-fbi-to-investigate-fraudulent-tax-filings/

FBI is investigating fraudulent tax returns filed through TurboTax Scam artists allegedly obtained personal information that allowed them to try to steal tax refunds.