The tax that exists on all business income differs in various states. While some US states tax corporations strictly, others tax many forms of businesses. Various states have different...
Posted by Karen Munoz, EA on 05/07/2021
Municipal bonds have long been considered suitable for high net worth investors because their yields are generally excluded from federal income tax and, in some cases, state and local...
Posted by Stevenson Tax and Accounting, Inc. on 01/18/2021
Proposals to introduce a wealth tax into the US Internal Revenue Code have been emphasized by some Democratic candidates such as Bernie Sanders, Tom Steyer, and Elizabeth Warren especially...
Posted by Debi G Hill, CPA on 12/28/2019
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
Financial Professionals or advisors help individuals choose how to deal with their cash and achieve their financial objectives. Be that as it may, financial planning isn't one-measure...
Posted by LLOYD J CAZES CPA on 08/26/2019
Gross estate is the totality of the dollar value of an individual's estate and assets at the time of death. The gross amount of equity does not reflect liabilities such as debts...
Posted by Global Accounting on 04/09/2019
This is a commonly asked question by many that why do the rich people hate to pay the estate tax. Death as well as paying taxes is not avoidable. Some people believe that the reason...
Posted by J.R.'S TAX SERVICE on 11/30/2018
IDIT (Intentionally Defective Irrevocable Trust), is an effective estate management tool that is sanctioned by Internal Revenue Service. Through this tool, the IRS allows individuals...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 10/26/2018
Breaking up is hard to do and that is the case with so many couples. Sometimes, even after divorce, ex-husband makes a loan to his wife in order to purchase a new home.In such cases,...
Posted by Duce Taxes & Accounting on 09/11/2018
