The IRS Office of Professional Responsibility (OPR) alleged that Joseph Kozelsky did not file timely tax returns for 2001 through 2007 and did not timely pay his federal tax liability. As a result of his tax problems he was disbarred from practice before the Internal Revenue Service. Mr. Kozelsky didn’t help himself very much, since he failed to respond to the IRS’s complaint within 30 days. As a result the facts alleged by the IRS were deemed admitted, and the administrative law judge (“ALJ”) issued an order that Mr. Kozelsky engaged in disreputable conduct and should be disbarred.

The IRS publishes rules for professionals practicing before the IRS, and those rules are set forth in Circular 230. We have previously published an article on the procedures involved in an OPR disciplinary matter. Circular 230 includes rules for individuals preparing tax returns, providing tax advice, and representing individuals before the IRS.

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Each individual has a risk tolerance that should not be ignored. Any good stock broker or financial planner knows this, and they should make the effort to help you determine what your risk tolerance is. Then, they should work with you to find investments that do not exceed your risk tolerance.

Determining one’s risk tolerance involves several different things. First, you need to know how much money you have to invest, and what your investment and financial goals are. For instance, if you plan to retire in ten years, and you’ve not saved a single penny towards that end, you need to have a high risk tolerance – because you will need to do some aggressive – risky – investing in order to reach your financial goal. With prop

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If you’ve been investing for any period of time, this has happened to you: You’re watching TV and you see a really good news report about a company you’re considering adding to your stock portfolio. Read more…

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Spreads Cut on Major Forex Pairs

We have cut our minimum spreads on GBP/USD and EUR/GBP to just 1 pip, enabling you to enjoy even better value from the UK’s No.1 retail forex provider*.

We regularly review our dealing spreads to ensure our pricing remains highly competitive. With our latest cuts we have halved the minimum spread on GBP/USD and EUR/GBP – two of our most popular forex markets.

In addition to these new spread cuts, we continue to offer 1 pip spreads on the major EUR/USD, AUD/USD and USD/JPY pairs.

Spreads for major pairs

The new spreads are available from 1 June 2011.

Please note: The table above represents the lowest available spreads on these markets. Spreads may be wider depending on conditions in the underlying market. For

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When people find out that I’m an image consultant and personal shopper, they are always eager to hear what the latest hot trends are. While I can surely list them, I also forewarn people that just because something is “in” it doesn’t mean that it’s right for them. The savvy shopper will be aware of the trends, and then only purchase what fits their own personal style, body type and personal coloring.

Not only do you need to assess the trends before heading to the mall, but I highly encourage you to put on your creative thinking cap as well. In many instances, there are ways to save money on the current styles, and you may just very well find some solutions right in your very own closet. Here are some of the season’s hottest trends and how to look at them with a new perspective.

Fur Accents: Now I don’t want you to get your PETA panties in a bunch on this one. I’m not recom

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