What is an 'Individual Retirement Account (IRA)?An individual retirement account is basically an investing tool for the individuals who use it to earn as well as earmark the funds...
Charitable deduction is the contribution and donation to charity with deductions for tax payers. Charitable deductions allow the tax payers to deduct the contributions they do to qualify...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/16/2018
There are benefits attached to the charity organizations who intake the vehicle donations. If you think that you are just donating and it would not add any difference to their organization...
Posted by Duce Taxes & Accounting on 07/01/2018
As the income tax system of United States of America is a progressive one. So, a high-income level generally means a high tax rate. Luckily, there is Internal Revenue Code that consists...
When you start a business, there are many decisions which you have to consider. Not just the business structure but you also have to go through the legal issues. The documentation...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 06/25/2018
To find out whether or not ESOP is good for you, you have to first understand what it’s really all about. An Employee Stock Ownership Plan also called an ESOP is a program for...
Posted by J.R.'S TAX SERVICE on 06/18/2018
There are different types of duties which are faced by the military men and their families. The expenses and the special tax benefits for armed forces are different too off course....
Posted by Jakusovas & Company on 06/08/2018
People have been talking about education savings bonds a lot since a long time. It can be at the age of your grandparents, that’s how old they are. They work until now for the...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 05/31/2018
The easy way to get the non-deductible Roth IRA is through the contribution which you pay to IRA. If you are making a lot of money then you will be eligible for the non-deductible...
Posted by Tax Solutions & Accounting Services on 05/31/2018
