A pension is a defined benefit retirement plan that guarantees a specific regularly scheduled payment to employees after they resign. This is not the same as retirement vehicles, for...
Posted by J.R.'S TAX SERVICE on 02/19/2019
The IRS sends you an underreported notice when the information you gave on your tax return does not correspond with the information about your income in the files of the IRS. This...
Posted by J.R.'S TAX SERVICE on 02/19/2019
What do payroll taxes pay for?The federal government levies payroll taxes on wages and uses most of the revenue to fund Medicare, Social Security, and other insurance benefits focusing...
Posted by Flynn Financial Group Inc on 02/19/2019
Tuition credit is defined as a tax credit that allows eligible students being paid allowable college tuitions and expenses. Allowable college expenses must be for the post-secondary...
Posted by Flynn Financial Group Inc on 02/19/2019
Small businesses are the bloodstreams of our lives, our favorite places to relax, the soul and history of our cities, and the innovators who change the way we do business. It's...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/19/2019
No tax declaration further confuses taxpayers than filing for the head of household. When you heard the term, what do you think? Nonetheless, it's not so simple. Many rules come...
Posted by KAB Bookkeeping and Tax Service on 02/18/2019
Tax day is around the corner, and if you have already paid taxes, it means you can relax: the tax season ends next year! But if you did not pay or show tax extension, this article...
Posted by KAB Bookkeeping and Tax Service on 02/18/2019
If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental income is taxed for a...
Posted by KAB Bookkeeping and Tax Service on 02/11/2019
If you know what tax deduction is and how it works, you may end up saving yourself a lot of money in 2019. For example, if you fall into the 25% tax bracket, you will be saving $250...
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
