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
The 2019 Tax season is now fully operational, but that has not made it too late to check out some tax strategies that may reduce your tax bill for 2018. It is not surprising; many...
Posted by Accounting Advantage, Pa on 05/29/2019
You may have noticed the vague and hyphenated names of various IRS forms that seem to have no connection to the purpose they serve. When filing for your tax return, it’s understandable...
Posted by Debi G Hill, CPA on 05/20/2019
There are significant tax benefits to moderate and low-income families who choose to prioritize these long term savings since saving for retirement doesn’t always come easy....
Posted by LLOYD J CAZES CPA on 05/20/2019
Required Minimum Distribution (RMD) This is the amount that retirees over age 70 must withdraw from deferred tax plans such as IRAs and 401 (k) and (b) 403. The rules of the RMD are...
Posted by Global Accounting on 04/09/2019
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
Learn these tips and tacks to minimize the taxes you owe the IRS and maximize your tax refund.You Need to Increase Your Tax Breaks You need to Act Before December 31You may be having...
Posted by Advantage Tax Services, Inc. on 04/09/2019
Form W-2 is the statement you provide employees after the end of each year, with information on their gross pay, Social Security and Medicare pay, federal and state income tax withholding,...
Posted by Flynn Financial Group Inc on 04/09/2019
Take action to increase tax benefits.If you are having a good year, recovering from recent losses or still struggling to take off, you can save a lot on your taxes by making the right...
Posted by John Pournaras Agency on 04/09/2019