Required Minimum Distribution (RMD) This is the amount that retirees over age 70 must withdraw from deferred tax plans such as IRAs and 401 (k) and (b) 403. The rules of the RMD are...
Posted by Global Accounting on 04/09/2019
Gray divorce was coined from the Gray”, referring to couples who got divorced after age 40 or more. The general assumption is that any that got married for that long must have...
Posted by John Pournaras Agency on 04/09/2019
IRS has its own test to determine whether you are qualified to claim another person to be your dependent in terms of taxes. It’s called a Joint Return Test. A Joint Return Test...
Posted by GLEN SMITH on 03/11/2019
A joint return is a tax return filed by married taxpayers whose filing status is married filing jointly (MFJ) or by a widowed taxpayer whose filing status is Qualifying Widow or Widower...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/27/2019
The day you decide to dress in a beautiful white wedding dress or a wedding suit and walk down the aisle with your heartthrob, you imagined all the beautiful things that come with...
Posted by KAB Bookkeeping and Tax Service on 02/18/2019
Relationships do not wait for any reason to get over. They are quite unpredictable specially in the western world, divorce is nothing which is unheard of. There are many laws which...
Posted by Flynn Financial Group Inc on 12/10/2018
For an elderly person aged 65 or more than that is eligible to take the tax credit or if you are retiring or disabled as well as have an income which has disabled tax. The amount of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 12/10/2018
Mistakes happen. There's always a chance of potential error when filing your taxes. This can be due to someone else already filing your dependents and so its important to act...
Posted by Wolf Financial Group LLC - Tax Services on 11/27/2018
The first thing which you need to know is what exactly are nanny taxes and after that we can proceed further in this article. A nanny tax is a kind of government tax which people who...
Posted by rinehimerbaker on 10/26/2018
