Starting your own business involves plenty of administrative tasks, including setting up your bookkeeping and payroll. However, a new small business might not be able to afford the...
Bonds can be a great benefit in terms of investing and saving for a variety of financial goals. However, you may soon find yourself tackling the tax implications of these investment...
Posted by Simon Hase, CPA on 03/26/2016
All business owners, whether their businesses are big or small, wonder whether they really need a CPA firm to handle their finances and taxes. Are you one of those people who think...
The COVID-19 pandemic is complicating several people's efforts to file their 2020 taxes ahead of schedule, but the good news is that the Internal Revenue Service (IRS) has been...
There are some rules from section 451 (c) as amended by the TCJA, which makes available ways to have advance payment in income for the tax year that it was obtained.The amendment of...
Posted by Elliot Kravitz, ATP on 11/07/2020
Women tend to worry a lot about retirement. This is not surprising as women tend to live longer, and they typically need more health care plans compared to men. This makes it essential...
1031 exchange is simply a swap of an investment property for another. Since most swaps are considered sales, they are taxed. Meeting the requirement of 1031 will remove or reduce your...
Almost everyone is eager to know when they will have their refunds from the IRS. Thanks to technology, you can track this online and know its status. The IRS' 'Where's...
Posted by Elliot Kravitz, ATP on 07/23/2020
A possibly rewarding and calming period of a person’s life is retirement. A new set of challenges arise as the transition began and this could lead to nervousness or feeling...
Posted by Elliot Kravitz, ATP on 04/27/2020