March 2015

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Latest IRS Scam

As the April 15 tax deadline approaches the frequency and variety of scams relating to taxes are picking up. A few weeks ago, when I walked into our house after work, Davi (my wife) had a very worried look on her face. “Are we in trouble with the IRS?” she asked. “We got this message and I am nervous.” So I listened to the message and I could understand her concern. The voice, with a thick Indian accent, said that we owed taxes and if we didn’t pay right away there would be serious consequences, even jail and forfeiture of our home and other assets. The caller ID identified the number as the IRS and was from the 703 area code. I told her that the IRS doesn’t call people and demand payment. They send letters before any phone conversations take place. A couple of days later, I read an article in the local paper about this scam and a few days after that, we received 5 more threatening messages, all left one after another, each more ominous than the last.

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Financial Planning and You: Three things we can all learn from Chris Borland’s Retirement

You may have heard this week that Chris Borland retired. Why is this important and what can we learn from his decision? Well first, you need to know who he is. Chris Borland is 24 years old, which may seem a bit young to retire. He retired from the San Francisco 49ers football team. He cited concern over long term negative health effects from playing professional football.

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