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...
What if you had the chance to win an award of excellence for your outstanding contributions to art, community service, or science? Do you have to pay income tax on this amount? The...
Most students have limited experience with credit cards and other forms of credit. As a result, their credit history is generally weak or nonexistent. Therefore, the most crucial reason...
What is the 1099-PATR form?The forms in the IRS 1099 Series helps taxpayers report money received from various lesser-known sources. Form 1099-PATR is the IRS form sent to taxpayers...
Many baby boomers and retirees prefer to invest in savings bonds because they are safe and convenient investments, but stocks don't always earn interest. Over time, they expire,...
What is Municipal BondA municipal bond is a debt issued by a municipality, state, or a country to finance capital expenditures, including the construction of schools, highways, or...
Posted by Tim Thompson CPA PLLC on 06/15/2020
If you are a full-time Forex trader, there are several significant tax benefits for those who are not available to more informal market participants. The bad news is that it is quite...
Posted by John Pournaras Agency on 10/31/2019
In the middle of April, every year, the federal tax return filing season ends. For many American taxpayers, that would mean what seems to be endless forms, pay stubs and a lot of paper...
Posted by Flynn Financial Group Inc on 04/03/2019
It is true that most people infact the majority of people spend time on their smartphones discovering new games or catching up on the latest updates on social media. However, playing...
Posted by Duce Taxes & Accounting on 09/25/2018