30 Quotes by Cindy Hockenberry

You don't know who's more competent than the next guy until you start asking questions.

When you really think about it, when you give up your U.S. citizenship, you give up a lot. It's not as good as it sounds.

More and more people are going to fall into the alternative minimum tax trap unbeknownst to them until they get the nice letter from the IRS that says it appears you are subject to AMT.

I'd be willing to bet this is going to be the No. 1 line on the whole 1040 that gets messed up. There are a lot of partnerships and pass-through entities that qualify ... there are more people affected by this line than you might think.

Because of the way this form used to work, it calculated the tax as if you had received the money over a five-year period. You would divide it into five equal parts and pay taxes on each of those parts which significantly reduced your tax bill.

For this year there's not a lot than anyone needs to worry about.

I would suggest people start out by asking how long they've been in business, what their background is, and do they have a degree, which isn't required. Have they been in the area for a long time? Are they open all year? Do they stand behind their work?

I think it's dangerous any time you spend money before it's in your hand. You never know what's going to happen.

People often wait until the last minute to get this done and realize they can't do it this year. Another reason they should plan early is so they can notify their employees so they can start deferring their money.