The First-Time Home Buyers Tax Credit was introduced during the 2008 financial crisis to make home shopping more affordable for Americans. While there are many other mortgage and loan...
Most students have limited experience with credit cards and other forms of credit. As a result, their credit history is generally weak or nonexistent. Therefore, the most crucial reason...
Hi, my name is Julian O. Guzman, MBA. Since year 2000 I began developing myself as an entrepreneur, self-employed, and business consultant. At the same time, I learned a variety...
Posted by Taxes and Accounting Solutions-SLC on 10/27/2020
How much you paid for your cryptocurrency (cost basis) greatly impacts the taxes you pay when you finally sell them. Understanding how the specific ID, first-in, first-out (FIFO),...
Almost every business is suffering the impact of the COVID-19 pandemic. There are new challenges that companies must overcome. Everyone charged with the mandate of maintaining companies...
Debt management is difficult, especially when it comes to credit. Increasing debt can hurt your credit score, and bad credit can make eligibility for low-interest loans more difficult,...
Posted by Freddie Cook, CPA on 06/22/2020
An amended income tax return corrects errors in a federal income tax return. Taxpayers use the IRS 1040X form to file an amended tax return. You might be wondering, "Where is...
Posted by Freddie Cook, CPA on 06/11/2020
Given that virtually all retirees receive social security benefits, it is apparently not unexpected that many fraudsters will present the program in fraudulent phone calls, emails,...
Posted by Carmen Garcia on 06/11/2020
You do not want to draw the attention of the Internal Revenue Service. However, failure to submit the appropriate form when you make payments to third parties can expose you to the...