A lot of things pop up for small businesses at every end of the calendar year. This is the right time to start thinking when you feel that you want to achieve something for the next...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 12/29/2019
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
When it comes to who you can claim as a dependent on your tax return, the Internal Revenue Service (IRS) defines “relative” somewhat loosely -- that is the good news. The...
Posted by LLOYD J CAZES CPA on 12/28/2019
For an “injured” spouse to regain the share of a joint return, they must file Form 8379. This is the case when a past-due obligation of the other spouse was applied by...
Posted by LLOYD J CAZES CPA on 12/28/2019
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
An IRS CP2000 warning is sent to the taxpayer when the income reported by third-party sources, such as an employer, a bank, or a mortgage company, does not match the income reported...
Posted by YourIRSTaxAdvocate.com on 11/13/2019
The life of a retiree should only be canvas boats and golf trips on weekends. (This may be true if you've made a fortune in your career). For the rest of us: we will try to find...
Posted by Valderas Financial Solutions LLC on 11/12/2019
A lot of people said that there is always wisdom with age. But there are also perks that can possibly cut your taxes in your retirement when you age. The IRS starts to lighten...
Posted by Flynn Financial Group Inc on 11/11/2019
Millions of American taxpayers every year receive an unexpected mail from the IRS. There are two possibilities from that email: it is a simple matter that can be dealt with easily...
Posted by Flynn Financial Group Inc on 11/11/2019
