The U.S is facing a big problem when it comes to public pensions across the country. The outlook for investment returns is worsening while the gap between their assets and liabilities...
Posted by Debi G Hill, CPA on 11/05/2019
The cost basis for real estate as defined by the tax law of the United States of America as the original cost of real estate, adjusted for factors such as depreciation; it is the historical...
Posted by John Pournaras Agency on 10/31/2019
The Tax Cuts and Job Act is the most crucial series of amendments to the US tax code in a few decades. The vast majority of the amendments will come into effect in the 2018 fiscal...
Posted by Flynn Financial Group Inc on 10/29/2019
Imagine that you have just taken up part-time employment and your employer has given you a much smaller pay check than you expected thanks to tax deductions and income tax withholding.Such...
Posted by Advanced Accounting & Tax Planning on 10/29/2019
Several taxpayers have experienced tax-related identity theft. Beneath we clarify what tax-related identity theft is and steps that ought to be considered by any individual who is...
Posted by Debi G Hill, CPA on 10/23/2019
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
It’s probably the best time to start thinking about retirement if you are in your twenties and haven’t thought about it even once. It is indeed a fact that retirement is...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
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
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
