Rather than handing over their hard-earned cash to the government, American wage earners are given a chance to pocket more income through itemizes tax deductions. Deductions have long...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
Even after your retirement, whether it's likely to happen soon or several years from now, you may end up paying the IRS a substantial amount of tax. And what's more, those...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
An unexpected, unusual or sudden event that causes damage to your property would allow you to enjoy a casualty deduction -- in that tax year -- for the loss to your property. The...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
Are you feeling down because of your student loan? Worry no more! The misconception that surrounds student loans is mostly the reason for the fear of it. To help clear up your confusion,...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
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
When the southern climate warms up, it's time for snowbirds to migrate north, same happens for some people. Several people do a lot to stay in the same location for precisely...
Posted by John Pournaras Agency on 09/26/2019
Are you aware that the IRS (Internal Revenue Service) encourages long-term investments? In particular, the capital gains tax that the IRS charges Americans for capital gains is significantly...
Posted by John Pournaras Agency on 09/26/2019
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
