Some years, Congress changed the rules facing investors. In other years, the economy has the final say in rethinking the best investment plans. At the same time, the personal situation...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/06/2021
When is the perfect time to give birth to a child during a tax year so as to claim that child as dependent on your tax return? You might be amazed by the answer: but anytime during...
We have seen that the stock market has hit several new highs in recent months. This is in addition to the fantastic bull market that ran for more than ten years before the rapid coronavirus...
Planning as a concept is very broad in scope and planning is a tedious and a mission that requires commitment. Developing financial planning strategies would mean employing tools,...
Posted by Affordable Accounting Assistance on 01/27/2019
It is the ultimate dream. Getting to sit in your pajamas all day and do a bit of work while watching your favorite show and hanging out with the kids. You don’t have to answer to...
The tax season may be over for most taxpayers, but fraudsters do not give up. The Internal Revenue Service (IRS) has recently warned taxpayers and tax professionals against a new fraudulent...
Posted by Elliot Kravitz, ATP on 09/30/2019
Are you tired of watching a significant chunk of your hard-earned money disappear into the abyss of taxes every year? If you're self-employed, an entrepreneur, or a freelancer,...
Posted by True Tax Service on 09/17/2023
Income from fundraising is not considered a taxable source of income by the IRS. Tax fundraising laws define donations as gifts, which recipients do not have to report on their tax...
Posted by Flynn Financial Group Inc on 05/29/2021
While many people might not realize, there are amazing tax benefits of purchasing a house. Two significant advantages are the property tax deduction and the mortgage interest, which...