What is a Subsidy?A subsidy is a benefit granted to a person, a company, or an institution, generally by the government. This is usually a cash payment or a tax exemption. The subsidy...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/30/2020
We know that the tax season is months away. However, the year will end in a couple of weeks. This is the perfect time to be proactive with your tax planning to have a favorable 2020...
Posted by LLOYD J CAZES CPA on 01/23/2020
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...
Posted by Advanced Accounting & Tax Planning on 01/19/2020
Changing jobs in today's economic climate is no small task. Not only did you get the attention of your new employer with your CV, but beat the competition for the position which...
Posted by John Pournaras Agency on 01/02/2020
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...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 12/29/2019
In the year 2020, how much do you think you can save for retirement? The 401(k) contribution limits are up, traditional IRA contribution limits stay the same, and almost all the numbers...
Posted by Debi G Hill, CPA on 12/28/2019
What are the 2 and 20 (hedge fund rate)?The global hedge fund industry has seen a downward trend in management and profitability over the last decade, challenging the traditional "2...
Posted by Advanced Accounting & Tax Planning on 11/25/2019
The benefits of self-employment are many, but there is at least one significant disadvantage: the absence of an employer-sponsored pension plan, such as 401 (k).Enter the Solo 401...
Posted by John Pournaras Agency on 11/13/2019
Taxable income is the sum used in estimating the amount of tax a person or corporation owes to the government in a given fiscal year. Generally, it is described as a gross income or...
Posted by Advanced Accounting & Tax Planning on 11/05/2019
