An annuity is a contract that exists between you and an insurance company to cover specific objectives, such as lifetime income, principal protection, legacy planning or care cost...
Posted by Elliot Kravitz, ATP on 07/25/2019
Hats off, graduate! You have studied a lot, passed the exams and now have a degree.Now that you have graduated, you are likely to enter the workforce or begin postgraduate studies....
Posted by CORE PERFORMANCE on 07/16/2021
A flexible spending account, or FSA, is a pre-tax expense account that many employers offer for employees' benefit. These bills allow you to pay necessary expenses without paying...
Posted by Flynn Financial Group Inc on 04/06/2021
One of the primary reasons people buy annuities is the favorable tax treatment. However, even if annuity comes with tax benefits, it does not rule out the drawbacks. As a result, one...
Posted by Stevenson Tax and Accounting, Inc. on 03/18/2021
As we ring in a New Year every year, the excitement eventually paves the way for certain realities such as paying taxes! Yes, taxes must be filed yearly, and 2020 is no different as...
Posted by Stevenson Tax and Accounting, Inc. on 02/23/2021
In filing your federal tax return, you can decide to go through the itemized deduction channel or standard deduction method. Standard deduction involves some values defined by Uncle...
Posted by Stevenson Tax and Accounting, Inc. on 02/11/2021
Prepared or not, tax return reporting was amended once more for the 2020 tax year. The IRS considerably fused the Form 1040 in 2018 which results in a total reconstruction of the old...
Posted by Freddie Cook, CPA on 04/03/2020
Medicare scam this day is taking a new turn. Many unscrupulous beings are in the habit of calling the innocent victim and disguising as Medicare, the insurance company, or even Social...
Posted by LLOYD J CAZES CPA on 01/23/2020
IRS direct pay is a newly launched web-based system that enables taxpayers to pay their tax bills and calculates their tax payments through online. The payments will be directly charged...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
