For Bitcoin (BTC), the year 2017 was a year to remember. While most Bitcoin bulls would rather forget the year after that. These digital assets are known to be volatile but exciting--...
Posted by YourIRSTaxAdvocate.com on 01/19/2020
What is the law on the uniform transfer to minors act (UTMA)?The Uniform Transfer to Minors Act (UTMA) is an extension of the Uniform Gifts to Minors Acts (UGMA), which allows people...
Posted by John Pournaras Agency on 01/02/2020
Whenever young people start receiving their pay checks from their first job, that is usually the time when they open their IRAs or individual retirement accounts. But in reality, IRAs...
Posted by Flynn Financial Group Inc on 12/29/2019
Depreciation doesn’t sound appealing to most of us. However, all the tax savings it will give you might be of great benefit for you!You should familiarize yourself on the basics...
Posted by Debi G Hill, CPA on 12/28/2019
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
Every person has their own financial plans. There are also mistakes that are common. If you are a retiree and unsure if you have a common mistake, read on to know how you can avoid...
Posted by LLOYD J CAZES CPA on 12/28/2019
Mutual fund taxes generally include dividend and capital gains taxes, while the investor owns mutual fund shares and capital gains taxes when selling units of the mutual fund. The...
Posted by LLOYD J CAZES CPA on 11/25/2019
Although it may seem little, the interest you earn during the year is not tax-free. The interest is subject to the same tax rates as the rest of the income.Sources of interest income...
Posted by LLOYD J CAZES CPA on 11/25/2019
What are the 2 and 20 (hedge fund rate)?The global hedge fund industry has seen a downward trend in management and profitability over the last decade, challenging the traditional "2...
Posted by Advanced Accounting & Tax Planning on 11/25/2019
