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Tax

7 Bank Transfers That Created Permanent Tax Problems

July 24, 2025
By Travis Campbell
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Transferring money between bank accounts seems simple. But some bank transfers can create tax problems that never go away. Many people don’t realize that a single transfer can trigger IRS scrutiny, penalties, or even criminal charges. If you’re not … [Read more...] about 7 Bank Transfers That Created Permanent Tax Problems

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Tax

8 “Gifts” That Financial Advisors Say Create Tax Problems

July 8, 2025
By Travis Campbell
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Giving gifts feels good. You want to help family, friends, or even charities. But some gifts can cause tax headaches you didn’t expect. The IRS has rules regarding what constitutes a gift, the amount you can give, and when you are required to report … [Read more...] about 8 “Gifts” That Financial Advisors Say Create Tax Problems

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