Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
The legislators have been pursuing for a considerable length of time to allow seniors a touch of some breathing room at tax time, and the Bipartisan Budget Act of 2018, at last, made...
Posted by Advanced Accounting & Tax Planning on 10/23/2019
Financial experts have been directing estate planning and management of assets for their customers for a considerable length of time. Lately, the presentation of new asset types and...
Posted by YourIRSTaxAdvocate.com on 10/23/2019
Numerous offended parties win or settle a lawsuit and are astounded they need to pay tax. Some don't understand it until the time the next year when IRS Forms 1099 land via the...
Posted by YourIRSTaxAdvocate.com on 10/23/2019
If your retirement is decades away or just around or you already have the dream, you can now do some simple things to reduce taxes.Taxes In Retirement? Yes and yes Part of social security...
Posted by Debi G Hill, CPA on 10/01/2019
Even after your retirement, whether it's likely to happen soon or several years from now, you may end up paying the IRS a substantial amount of tax. And what's more, those...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
Are you planning to sell something such as a share of stock, for more than you paid for it? Then you’re generally going to be taxed on the value that increased. The term “capital...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
You’ll know it whenever the wedding seasons begins – the excitement of a morning ceremony or an evening gala is in the air. Many couples officially tie the knot during...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
Are you aware that the IRS (Internal Revenue Service) encourages long-term investments? In particular, the capital gains tax that the IRS charges Americans for capital gains is significantly...
Posted by John Pournaras Agency on 09/26/2019
