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
Section 1031 of the IRS code slowly creeps into everyday conversation. The term refers to real estate agents, bond companies, investors and football mothers. Section 1031 of the...
Posted by Valderas Financial Solutions LLC on 09/26/2019
Planning and investing for the future can be an intimidating task. In creating and managing your portfolio, there are a lot of things to consider. And finding a financial professional...
Posted by John Pournaras Agency on 06/25/2019
Factors that determine Tax Family Families are always in different sizes, but the IRS is very specific as to how makes up a “tax family”. Considering the growing number...
Posted by John Pournaras Agency on 02/19/2019
The Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA) imposed taxes on employers in Puerto Rico. If you’re an employer, then you’ll...
Posted by Wright Tax and Accounting Solutions on 01/24/2019
Taxpayers trading cryptocurrency may have forgotten about taxes after Bitcoin’s exciting coming-out party in 2017. However, for U.S tax purposes, almost every bitcoin or other...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
When you are about to open up a business, it's not only about profit that you have to keep in mind. There are numerous other factors which you have to be taken into account in...
Posted by J.R.'S TAX SERVICE on 12/13/2018
Answering tax-related questions are one of the many important things you need to do when starting a new business. Once you become your own boss, you need to review the following big...
Posted by John Pournaras Agency on 12/10/2018
Employees are now starting to receive bonuses from their employers instead of getting a raises as reported by the Washington Post. The two main reason for this is: first, bonuses are...
Posted by John Pournaras Agency on 11/14/2018
