Frank Degen Quotes


You can be looking at 25 percent of the tax that is owed, plus all the interest. If you don't pay then the IRS can take some pretty Draconian measures. - Frank Degen


They do it one year and they think maybe no news is good news. - Frank Degen


There's no easy answer here. It's not like you can say (that) when the parent turns 72 they should automatically turn their finances over to their children. - Frank Degen


There will some unpleasant surprises and a sense of loss among single parents who have adult children living with them when they file this year. - Frank Degen


The rate at which the profit is taxed depends on whether or not the property depreciated in value. - Frank Degen


The new rule is much more friendly to taxpayers. Only sales of more than $500,000 for married couples and $250,000 for single people have to be reported. So you don't need to keep records unless you think you home may sell for more than that amount. - Frank Degen


The IRS will hold back a part of a refund if the two names don't match. - Frank Degen


That's a winner all the way around. - Frank Degen


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