Just when I thought Roth IRA conversions were a thing of the past, along comes a lousy year in the market and all of a sudden Roth conversions make a lot of sense.  If you’ve lost money in your traditional IRA, you may want to examine recharacterizing your traditional IRA to a Roth.  The advantage [...]

Happy New Year.  I’m one of the few people that looks forward to tax season - but hey, it’s what I do for a living.  Hope to see you in the upcoming months.  I’m not looking forward to late nights and limited sightings of my family, but I am looking forward to helping my clients [...]

Welcome to the Fair Tax Inc blog.  I hope to bring you the occasional update on what’s happening in the tax world filtered through me.  The focus will be on the general Fair Tax Inc customer and meeting their needs.  The tax world is constantly evolving, most of it having no significance to the folks [...]

If you or your child is a student in Arkansas, Illinois, Indiana, Iowa, Missouri, Nebraska or Wisconsin, there is a chance that you can score big on the Education Credits.  Something called the Midwestern Disaster Area allows you to potentially DOUBLE the Hope Credit or Lifetime Learning Credit.  How cool is that?!  In addition, the [...]

Fair Tax, Inc.is a locally owned and operated tax and bookkeeping company in business since 1989. Since our inception, we have grown to become the largest, non-franchised tax preparation firm in the Dakotas. We prepare tax returns for individuals and businesses as well as provide a broad range of financial services [...]