For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by AccuraTax LLC on 01/28/2016
Hello everyone, this is Book 2 Tax here explain how to minimize your income tax losses this year. Virtually no one wants to be subject to more taxes, but do you understand the...
Life is always in a state of flux. People get married and divorced daily, children are born and other family members become dependent on us as we seek to take care for them. There’s...
April 16, 17, 18…and you have not filed your tax return. Clearly you have passed the annual deadline for filing your federal income tax return and pay the taxes you owe. By law,...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...