One of the best ways to develop passive income is by investing in real estate. There are many benefits that a real estate professional enjoys. This also includes significant saving...
IRS direct pay is a newly launched web-based system that enables taxpayers to pay their tax bills and calculates their tax payments through online. The payments will be directly charged...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
A professional athlete typically earns huge annual salaries, on top of their million-dollar endorsement and profitable career opportunities. But it does not secure them from having...
You may be eligible for an annual credit adjustment if you received substitute payments in lieu of dividends. During a period in which shares would have earned dividends but were...
Posted by Debi G Hill, CPA on 11/26/2019
It is best to learn the tax rules, benefits and risks before you consider lending money between family members. Doing so have two consequences either beneficial or a disaster.But,...
If you need money to pay rent or pay a friend, you may be tempted to find it as quick and efficient as possible. And while a cash advance seems fast and easy, it can also be expensive....
Posted by Advanced Accounting & Tax Planning on 11/05/2019
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
A growing number of Americans are choosing to live together rather than getting married, and this trend is particularly strong among older couples. According to the US Census Bureau...
Posted by John Pournaras Agency on 09/26/2019
Form 1098 is a form you are required to file with the Internal Revenue Service (IRS) that explains the measure of interest and related costs paid on a mortgage in a tax year. These...
Posted by LLOYD J CAZES CPA on 08/26/2019