TaxSense: Keeping What's Yours

Original Air Date: August 18, 2012

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff is joined by Justin Elliot and Ryan Mason of Ameriprise Financial Services for a discussion of retirement and financial planning.

The program was part of a recurring monthly financial-planning segment and explores issues affecting retirement preparation, investment planning, and broader financial decision-making.

Archive notice: This program is presented as a historical recording. Financial-planning strategies, investment information, tax laws, and retirement rules discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast August 11, 2012.

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff discusses practical ways taxpayers and business owners can reduce unnecessary IRS audit exposure. The program examines behaviors, reporting issues, documentation practices, and tax-return positions that can increase scrutiny — along with steps taxpayers can take to improve compliance and reduce avoidable risk.

Archive notice: This program is presented as a historical recording. Tax laws, IRS procedures, financial rules, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast August 4, 2012.

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff discusses tax arguments and positions taxpayers sometimes attempt to use with the IRS — and why certain approaches can create more problems than they solve.

Archive notice: This program is presented as a historical recording. Tax laws, IRS procedures, financial rules, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast July 14, 2012.

In Part 2 of this archival TaxSense: Keeping What’s Yours discussion, Owen S. Arnoff continues the examination of Social Security by looking back at the program’s historical origins, including archival audio of President Franklin D. Roosevelt discussing Social Security.

The episode then considers some of the possible approaches that have been proposed to address the long-term challenges facing the Social Security system.

This program is particularly valuable as a historical discussion because it combines original archival material with an examination of how Social Security developed and the policy questions surrounding its future.

Archive notice: This program is presented as a historical recording. Social Security rules, tax laws, financial assumptions, and policy proposals discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, investment, or Social Security advice.

Originally broadcast July 7, 2012.

In Part 1 of this archival TaxSense: Keeping What’s Yours discussion, Owen S. Arnoff examines the original purpose of Social Security, the financial and demographic challenges facing the system, and some of the proposals that have been advanced to address those challenges.

The program places Social Security in historical context while exploring questions that remain important to retirement and public-policy discussions today.

Archive notice: This program is presented as a historical recording. Social Security rules, tax laws, financial assumptions, and policy proposals discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, investment, or Social Security advice.

Originally broadcast June 30, 2012.

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff discusses current tax developments and breaking tax news from the summer of 2012, including Franchise Tax Board issues and tax changes then being discussed for 2013 and 2014.

The program provides a useful snapshot of the tax environment at the time and illustrates how pending legislative and administrative changes can affect tax planning.

Archive notice: This episode contains discussion of tax news and proposed or anticipated tax-law changes as they stood in 2012. Many of those provisions, proposals, procedures, and tax rules have since changed or expired. This recording is preserved for historical and educational purposes and is not current tax, legal, or investment advice.

Originally broadcast June 23, 2012.

In Part 2 of this archival TaxSense: Keeping What’s Yours discussion, Owen S. Arnoff continues examining costly tax mistakes commonly made by business owners.

The program continues the practical discussion of tax planning, compliance, recordkeeping, and business decisions that can create unnecessary tax exposure or financial problems when they are not handled carefully.

Archive notice: This program is presented as a historical recording. Tax laws, business-tax rules, IRS procedures, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast June 16, 2012.

In Part 1 of this archival TaxSense: Keeping What’s Yours discussion, Owen S. Arnoff examines costly tax mistakes commonly made by business owners.

The program focuses on practical tax-planning, compliance, and recordkeeping issues that can create unnecessary tax exposure or financial problems when they are overlooked or handled incorrectly.

Archive notice: This program is presented as a historical recording. Tax laws, business-tax rules, IRS procedures, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast June 9, 2012.

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff discusses several practical tax topics, including problems involving tax refund checks and considerations surrounding charitable contributions.

The program also covers additional tax issues and planning points relevant to individual taxpayers, with an emphasis on avoiding common mistakes and understanding the tax consequences of everyday financial decisions.

Archive notice: This program is presented as a historical recording. Tax laws, IRS procedures, deduction rules, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, or investment advice.

Originally broadcast June 2, 2012.

In this archival episode of TaxSense: Keeping What’s Yours, Owen S. Arnoff discusses financial and tax-related “landmines” that can disrupt or undermine a retirement plan.

The program looks at planning mistakes, risks, and decisions that can have long-term consequences for retirement income and financial security, with an emphasis on identifying potential problems before they become difficult to correct.

Archive notice: This program is presented as a historical recording. Tax laws, retirement-plan rules, Social Security provisions, financial assumptions, and planning strategies discussed reflect the law and circumstances in effect when the episode originally aired and may no longer be current. This recording is provided for historical and educational purposes only and is not current tax, legal, investment, or retirement-planning advice.