Paying taxes for plaintiffs win or lawsuit settlements can be a little surprising for some people. Reality hits when tax season comes and the IRS Forms 1099 arrives in the mail. This...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/25/2019
Numerous offended parties win or settle a lawsuit and are astounded they need to pay tax. Some don't understand it until the time the next year when IRS Forms 1099 land via the...
Posted by YourIRSTaxAdvocate.com on 10/23/2019
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
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
If the administration were to necessitate that only men or only women needed to pay a tax of a few hundred dollars every year exclusively as a result of their sex, that would be an...
Posted by Debi G Hill, CPA on 08/26/2019
Don’t forget self-employment tax in your business tax planning. The tax for Social Security and Medicare paid by business owners is what self-employment tax is. It is paid in...
Posted by Flynn Financial Group Inc on 08/23/2019
The Internal Revenue Services (IRS) allow taxpayers to create or access their online payment plans. However, there have been some key changes recently made by the IRS with regards...
Posted by Flynn Financial Group Inc on 08/23/2019
The 2017 tax law's cap on the state and neighborhood tax deduction has been a standout amongst the most polarizing components of the government update, and the IRS could before...
Posted by Debi G Hill, CPA on 07/25/2019
Alimony is regarded as court-ordered payments given to a spouse or former spouse in a separation or divorce agreements. The aim is to provide financial support to the spouse that earns...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
