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
Learn these tips and tacks to minimize the taxes you owe the IRS and maximize your tax refund.You Need to Increase Your Tax Breaks You need to Act Before December 31You may be having...
Posted by Advantage Tax Services, Inc. on 04/09/2019
A tax bill was passed in 12-2017 which makes deduction in financial settlement in legal issues that has to do with sexual harassment outlawed This law shields individuals and...
Take action to increase tax benefits.If you are having a good year, recovering from recent losses or still struggling to take off, you can save a lot on your taxes by making the right...
Posted by John Pournaras Agency on 04/09/2019
Every year, millions of homeowners pay more taxes on their rent than they have to pay. Why? It is because they do not take advantage of all the tax deductions available for homeowners...
Posted by rinehimerbaker on 04/09/2019
There are three ways to request a tax transcript: through the IRS' online portal, mail, and through the phone. All of them are simple and free of charge process. In the IRS portal,...
Socking money away into a high-interest kids savings account is a good place to start if you want to give your child a brighter future, and even better, when it’s tax-free. There...
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
Social security is an essential earning source for most retirees - and if you live in some areas in the U.S., your state won't charge you on it. Notwithstanding, the national...
Posted by YourIRSTaxAdvocate.com on 03/08/2019