What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...
Hello, everyone! AtBTL & Company, P C, Tax & Accounting,we help clients every day to save money on their taxes and get the most out of their tax returns.If you’re wondering...
Budgeting and managing your money can be stressful, especially if you are running a business and not that great with numbers. Watching your cash flow, monitoring the movement of your...
Americans gave $520.23 billion in charity in 2015, equivalent to 3% of the U.S. GDP (gross domestic product). The majority of that charity, $418 billion, came from the individuals...
There are certain provisions in the tax laws that are admittedly difficult to understand unless you have a good background of the law. And the adjustments or amendments that are made...
For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
If like most taxpayers you've been thinking that capital gains tax is just for the rich people, it's high time you stopped thinking in that direction. Any time you sell a capital asset...