December 30, 2019

Happy New Year 2020!

Happy New Year 2020!



 Best wishes for a Very Happy New Year and a rewarding 2020.

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 27, 2019

IRS Impersonation Scams: Don't Become a Victim.

IRS Scams.


IRS Impersonation Scams are ongoing, with new scams popping up on an ongoing basis.  Here are a few tips from the IRS Tax Tip 2019-87 to help prevent you from becoming the victim of an IRS Scam.


Tips to Help Taxpayers Recognize Tax Scams


New versions of well-known tax-related scams appear every year…and 2020 will be no different.  No matter what time of year, taxpayers should be on the lookout for scams.  Here are some things taxpayers should remember to help them spot scams and avoid becoming a victim.


Telltale Signs of an IRS Impersonator Scam


Taxpayers should remember that the IRS generally first mails a bill to a taxpayer who owes taxes.  The IRS and its  authorized private collection agencies will never:
  • Call to demand immediate payment using a specific payment method such as a prepaid debit card, gift card or wire transfer.  The IRS does not use these methods for tax payments.
  • Ask for checks to third parties.  The IRS has specific instructions on how to pay taxes. All tax payments should only be made payable to the U.S. Treasury.
  • Threaten to immediately bring in local police or other law-enforcement groups to have the taxpayer arrested for not paying.
  • Demand that taxes be paid without giving the taxpayer the opportunity to question or appeal the amount owed.
If a taxpayer receives a phone call, but doesn’t owe taxes and has no reason to think they do, they should:
If a taxpayer owes tax or thinks they do, they should:

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 23, 2019

Merry Christmas!


Merry Christmas!  

May Christmas Eve and Christmas Day
be filled with peace, happiness, and joy.

Mary Rae Fouts

December 20, 2019

Sid: Don't You Wish You Could Be as Warm and Cozy as Sid on a Cold Damp Day?

Sid the Dog.


Sid, our Faithful Canine Companion.  And boy, does Sid ever know how to stay warm and cozy on a cold damp day!



Unconditional Love is as close as your nearest Animal Shelter.  Please adopt, don't shop.

Oh, and Happy Holidays from Sid!

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 18, 2019

Merry Christmas! My Christmas Tree Decorating Helpers ...

Sid the Dog
Lexi the Dog
Christmas Tree


We had some help from our Faithful Canine Companions Sid and Lexi last night as we decorated the Christmas Tree and the surrounding area.  Not yet done, but it is looking mighty festive!


And yes, Holiday decorating is more fun when done with your Faithful Canine Companions.  Merry Christmas and Happy Holidays, everyone!

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 17, 2019

Small Business Owners: Does Your Tax Planning Include Retirement Plan Contributions? It Should!

Tax Planning
Retirement Plans
Retirement Plan 
Contributions


If you are a Small Business Owner, does your tax planning include retirement plan contributions?  It should!
Why?  Glad you asked!

When Small Business Owners make contributions into retirement plans, they get much more than just a retirement plan contribution.  In fact, these contribution can pay for themselves many times over.

  1. First off, the retirement plan need not be complex to establish or maintain.  SEP-IRA retirement plans are simple to establish and maintain, with no need for expensive annual administration.
  2. Retirement plan contributions into plans such as a SEP-IRA are not just a tax deduction for a small business owner, but a complete write off against income.  Now THAT is a handy tax planning tool!
  3. Retirement plan contributions into plans such as a SEP-IRA grow tax deferred until withdrawn by the plan participant.  This year after year tax deferred growth can really ... REALLY ... add up big time over time.
So, if you are a Small Business Owner and do not currently have a retirement plan, make time to set one up this year.  You'll thank me later!

Small Business Tax Planning Concerns?
Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 14, 2019

Elder Financial Abuse Litigation: Are You Looking For an Elder Financial Abuse Expert Witness? Meet Mary Rae Fouts, EA

Elder Financial Abuse Litigation.
Elder Financial Abuse.
Elder Financial Abuse Expert Witness.


Are you looking for an Elder Financial Abuse Expert Witness to address Elder Financial Abuse Litigation Matters?

Mary Rae Fouts, EA has 31 years of experience addressing issues related to elder financial abuse, including annuity and life insurance issues, estate planning and living trust mill issues, and insurance agent seminars directed at senior citizens.

Mary has provided Expert Witness Services in federal courts, state courts, and arbitration venues throughout the United States.  She welcomes your call at (510) 421-5457 or email to Mary@FoutsFinancialGroup.com.

Concerned About Tax, Insurance, Annuity, or Related Financial Matters?
Elder Financial Abuse Concerns?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 11, 2019

Holiday Crime: Thieves Are Using Bluetooth Technology to Locate Electronic Devices Stored in Vehicles.

Holiday Crime.


My hometown Pleasant Hill Police Department recently reminded residents to not store electronic devices in cars at any time, including over this Holiday Season.  Scumbag Thieves are using ever more sophisticated methods for vehicle break ins, including bluetooth technology to locate electronic devices in parked vehicles.

Click on the PHPD post below for more information.  Stay safe this Holiday Season, Everyone!



Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 8, 2019

Sid and Lexi: Just Who is The Slipper Thief?

Sid the Dog.
Lexi the Dog.


And just which one of my Faithful Canine Companions was responsible for stealing my husband Jim's slipper and taking it outside?


Well, I witnessed part of the theft in progress.  It was Lexi!  The sly Princess Chow Chow mix.  Here are Sid and Lexi standing over the slipper on the back patio, looking toward the back door.  Patiently waiting for me to come out.

Every day is an adventure with our Faithful Canine Companions.  Plus Unconditional Love.

Unconditional Love is as close as your nearest Animal Shelter.  Please adopt, don't shop.

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 5, 2019

Food Safety: Don't Fall Victim to Food Poisoning. Here Are Tips For Storing Your Food Safely.

Food Safety.
Safe Food Handling.


I love to cook and bake.  And as my husband Jim will tell you, I am a stickler .... a BIG stickler ... about food safety and safe food handling.  After all, who wants to fall victim to food poisoning due to improper food handling?

Proper food handling is easy to incorporate in your home kitchen.  Use thermometers in your refrigerator and freezer to maintain proper temperature.  (I also use a thermometer to check my oven temp, but that's for proper baking temp, and not a food safety issue.)  Appliance thermometers are cheap, mine were $8 or less.  I tie a piece of colored shoelace around the refrigerator and freezer thermometers so I can easily locate them in the appliances.

And as far as proper food handling and storing temps?  The USDA recommends that all foods requiring refrigeration be maintained at 40*F or less, and that foods that must be maintained hot be held at a temperature of 140*F or higher.  The in between area - above 40*F and below 140*F - is known as the "Danger Zone" for foods that require either refrigeration or a hot temperature for safety.  In the Danger Zone, the amount of food bacteria - including food bacteria that can lead to food poisoning - can double in a mere 20 minutes!

So don't leave leftovers on the kitchen counter for hours at time.  And make sure your refrigerator consistently maintains a cold enough temperature.  Studies estimate more than half of home refrigerators are maintained at an unsafe, too high temperature.

As for my chest freezer, I maintain that at a temperature between 0*F and -10*F.  The USDA recommends a consistent freezer temperature of 0*F.

For more information, refer to this handy Basics for Handling Food Safety fact sheet from the USDA.

Happy ... and safe! ... baking and cooking everyone!

Concerned about Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts

December 2, 2019

Annuity Litigation: Are You Looking For an Annuity Expert Witness? Meet Mary Rae Fouts, EA.

Annuity Litigation.
Annuity Arbitration.
Elder Financial Abuse.
Annuity Expert Witness.


Are you looking for an Annuity Expert Witness to address Annuity Litigation or Arbitration Matters, or related Elder Financial Abuse Matters?

Mary Rae Fouts, EA has 31 years of experience addressing annuity concerns for clients throughout the United States.  She provides Annuity Consulting Services, in addition to Expert Witness Services for Annuity Litigation and Arbitration Matters, including Elder Financial Abuse Matters. 

Mary has provided Expert Witness Services in federal courts, state courts, and arbitration venues throughout the United States.  She welcomes your call at (510) 421-5457 or email to Mary@FoutsFinancialGroup.com.

Concerned About Tax, Insurance, Annuity, or Related Financial Matters?
About Mary Rae Fouts, EA


Mary Rae Fouts, EA provides Tax Services, Insurance Consulting Services, Annuity Consulting Services, and Expert Witness Services to clients who typically have technical or complex concerns.  For more information visit FoutsFinancialGroup.com.

Mary Rae Fouts