Billions of dollars in property taxes go unpaid every year, a major problem for local municipalities that depend on this money to fund public services. Instead of waiting months or...
Community property is a type of joint ownership of property between couples. With some variation between states, all property acquired or purchased by a couple during the marriage...
Couples living in a community property state own their marital properties, income, and assets jointly. If you earn around $75,000, the income is yours as much as it is your spouse....
529 state-run plans have always had tax benefits, but recent federal tax law changes have made them even more attractive to many families. Here's what you need to know to get the...
The Taxpayer Advocacy Panel is a Federal Advisory Committee to the Internal Revenue Service (IRS). If you’re a taxpayer and you have important issues that need to be identified...
You might have noticed something different when you recently purchased something on the internet: sales tax. Starting on October 1, 2019, remote sellers and marketplace facilitators...
Posted by Advanced Accounting & Tax Planning on 10/29/2019
Why is Viagra not taxed but tampons are?A very catchy phrase that refers to state sales taxes that applied to menstrual products including pads and cups and the biggest question to...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/23/2019
People who claim a standard deduction do not usually have to worry about the latest tax codes. However, when you plan to match your deductions for this tax season, check the latest...
Posted by Debi G Hill, CPA on 05/29/2019
Social security is an essential earning source for most retirees - and if you live in some areas in the U.S., your state won't charge you on it. Notwithstanding, the national...
Posted by YourIRSTaxAdvocate.com on 03/08/2019