Every person has their own financial plans. There are also mistakes that are common. If you are a retiree and unsure if you have a common mistake, read on to know how you can avoid...
Posted by LLOYD J CAZES CPA on 12/28/2019
Mutual fund taxes generally include dividend and capital gains taxes, while the investor owns mutual fund shares and capital gains taxes when selling units of the mutual fund. The...
Posted by LLOYD J CAZES CPA on 11/25/2019
Although it may seem little, the interest you earn during the year is not tax-free. The interest is subject to the same tax rates as the rest of the income.Sources of interest income...
Posted by LLOYD J CAZES CPA on 11/25/2019
The IRS have issued a new guidance on taxation all type of cryptocurrency. The guidance clearly states out the all the below revenue rulings: The cost basis assignment on a gifted...
Posted by YourIRSTaxAdvocate.com on 11/05/2019
If you are a full-time Forex trader, there are several significant tax benefits for those who are not available to more informal market participants. The bad news is that it is quite...
Posted by John Pournaras Agency on 10/31/2019
Key PunchlinesSet objectives Be organized! Minimize taxesSecure what is important most Make a will When you get hitched, you tie both emotional and financial knot...
Posted by Debi G Hill, CPA on 10/23/2019
If your retirement is decades away or just around or you already have the dream, you can now do some simple things to reduce taxes.Taxes In Retirement? Yes and yes Part of social security...
Posted by Debi G Hill, CPA on 10/01/2019
Parents allocate benefits for their children and in order to do so, they will use personal finance tools such as a 529 plan and a custodial account. There are differences between the...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
Are you planning to sell something such as a share of stock, for more than you paid for it? Then you’re generally going to be taxed on the value that increased. The term “capital...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
