Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
If your retirement is decades away or just around or you already have the dream, you can now do some simple things to reduce taxes.Taxes In Retirement? Yes and yes Part of social security...
Posted by Debi G Hill, CPA on 10/01/2019
Your home-based business is in an exclusive tax situation. Your home business may benefit from all the usual tax deductions, but some work differently, and others are for domestic...
Posted by LLOYD J CAZES CPA on 10/01/2019
It’s probably the best time to start thinking about retirement if you are in your twenties and haven’t thought about it even once. It is indeed a fact that retirement is...
Posted by Advanced Accounting & Tax Planning on 09/30/2019
Rather than handing over their hard-earned cash to the government, American wage earners are given a chance to pocket more income through itemizes tax deductions. Deductions have long...
Even after your retirement, whether it's likely to happen soon or several years from now, you may end up paying the IRS a substantial amount of tax. And what's more, those...
Parents allocate benefits for their children and in order to do so, they will use personal finance tools such as a 529 plan and a custodial account. There are differences between the...
Posted by YourIRSTaxAdvocate.com on 09/30/2019
A growing number of Americans are choosing to live together rather than getting married, and this trend is particularly strong among older couples. According to the US Census Bureau...
Posted by John Pournaras Agency on 09/26/2019
A 529 plan and a custody account are personal financial tools that parents use to help their children. The 529 plan includes an investment vehicle designed to raise money for your...
Posted by John Pournaras Agency on 09/26/2019