After working with many small and medium business owners, there is a common trend I have noticed. It is the fact that their desire to go into business was not to add the burden of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 03/27/2020
Tax resolution firms are causing huge problems for consumers in our country. They charge excessive cost from meek consumers and almost never resolve anything. These firms are relatively...
Posted by Cochran tax svc on 02/27/2020
Partners need to examine and review their operating agreement for them to effect the new audit rules. As of the 2017 tax year, the IRS examined tax returns from a partnership...
Posted by Tim Thompson CPA PLLC on 02/27/2020
If you are a business owner or earn money as a freelancer, you must pay estimated quarterly tax payments to avoid fines and interest. Here's how.In this article, we will explain: ...
The tax system of the United States is a pay-as-you-go system. Tax payments are usually required as you earn income. If you don’t pay your tax on time, you will be charged with...
Posted by Advanced Accounting & Tax Planning on 02/25/2020
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/25/2020
If a capital loss occurs, you can report the damage on your tax return, which can reduce your taxable income, and the sum of tax owed. However, it is essential to note that the Internal...
Posted by LLOYD J CAZES CPA on 02/15/2020
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
Posted by Advanced Accounting & Tax Planning on 02/15/2020
A 1035 Annuity Exchange is a rule in Section 1035 of the Internal Revenue Code that allows the exchange of life or tax policies for a differed annuity contract that best suits the...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
