Getting remarried is not a simple action and is not treated as a normal circumstance when it comes to Social Security benefits. Social Security is made of many rules that cannot be...
Posted by CORE PERFORMANCE on 08/24/2022
A financial advisor is a professional with the acumen for developing, implementing, and maintaining finances. These professionals are best in making decisions concerning money, such...
Posted by CORE PERFORMANCE on 06/10/2022
One needs to keep Uncle Sam aware of any move as soon as possible. Fortunately, there are many ways to do this. It can be over the phone or by completing a form provided by the IRS...
Who is a tax dependent?A tax dependent is a relative or child whose characteristics and relationship with you allow you to claim certain credits and tax deductions, such as head of...
Posted by CORE PERFORMANCE on 03/10/2022
To avoid paying taxes on their earnings, some individuals allocate some of it to their children by listing it in their names.However, the IRS caught wind of this and created a law...
As an entrepreneur, you probably quickly clicked on this article because you are curious about avoiding overpaying taxes. Regardless of the money, you make a profit; you can agree...
Posted by Karen Munoz, EA on 09/30/2021
Also known as EITC or EIC, the Earned Income tax Credit is a refundable credit, meaning that if you owe no tax and you qualify, you will get the value of the credit. The idea is to...
Posted by Karen Munoz, EA on 09/03/2021
Community property is a type of joint ownership of property between couples. With some variation between states, all property acquired or purchased by a couple during the marriage...
If you have hired a gardener, nanny, cleaner, or other types of worker for household work, the law requires you to pay state and federal payroll taxes. This article sheds light on...