Avoiding IRS interest and penalties

Street$marts: Avoiding IRS Interest and Penalties

Hello and welcome to today’s episode of Street$marts with Howe & Rusling. I’m Vince Carson, Certified Public Accountant and Financial Planner at Howe and Rusling. We all know that there’s nothing worse than getting a letter from the IRS… especially when you open it and find out that you did something wrong, and now owe interest and penalties. Today, I am going to be covering some of the most common types of penalties, why they occur, and how to avoid them. The first type of IRS penalty to avoid is known as the Failure to File Penalty. As the name


Street$marts: Cryptocurrency-A New Frontier

We’ve received a number of questions about our thoughts on cryptocurrencies and ways in which to gain exposure to the ecosystem. The eyepopping returns and incredible volatility capture the headlines on a daily basis, so in today’s StreetSmarts we’ll provide a brief overview of the space and offer some of our thoughts as well. Cryptocurrencies now represent a $3 trillion market!—so it’s becoming harder to ignore the space completely. First, its important to note that this is a new frontier. What I mean by that is this space is evolving, changing and growing on a daily basis. Some investors are


Women & Finance: The Basics

Hi and welcome to today’s episode of Street$marts, with Howe & Rusling. I’m Emily Lambert, Chief Compliance Officer at Howe & Rusling. In today’s episode we want to focus on Women & Finance. It is predicted that by 2030, American women are expected to control much of the $30 trillion in financial assets that baby boomers will possess, a potential wealth transfer of such magnitude that it approaches the annual GDP of the United States!  Women have been driving significant change in recent years so let’s take a quick second to review some of the progress made in the not-so-distant past:   In the

To Do List

Street$marts: A Year End To-Do List

As we start creating our to-do list for preparing for family gatherings, gift giving, and other festivities, we also think it’s important to create a financial check list before we ring in the New Year.

Paint Chip Options

Street$marts: Retirement Options for the Self-Employed

Today’s Street$marts is geared towards the self-employed: those individuals not earning a traditional paycheck from an employer in which a portion is automatically contributed to a 401k. You are your own boss! So the onus is really on you to get some sort of retirement plan rolling, and the landscape looks a bit different.