Have you filed your taxes yet? The tax season officially started on January 29, 2024, when the Internal Revenue Service (IRS) started accepting and processing returns. Before you submit your 2023 tax return, however, there are some things you’ll need to think about first.
Business owners anticipate changes in the future with things like strategic planning, life insurance policies, estate and trust documents, and more. However, what happens when all of this is circumvented by life changing events with family members and key employees?
Joann Folluo was featured during First Bank's Tribute to Those Not Forgotten at the St. Louis Blues game on March 8, 2022. She served in the US Army during the Korean War.
Identity theft is a major financial concern, especially in the area of tax returns. Millions of tax filers in the past decade have attempted to file electronic income tax returns only to find that someone has already filed a return using their Social Security numbers.
The chance that someone will assume your identity to open fraudulent bank or credit accounts is increasing as thieves become more sophisticated. The best way to protect yourself is to try to prevent this from happening in the first place.