With many tax benefits available for education, it is evident that the government is interested in making higher education open and more accessible for many people. It can be...
Posted by One Stop Taxes on 01/20/2021
Congratulations! You’ve finally retired. For most people, retirement is a huge accomplishment. Sometimes, retirement means setting aside enough money to stop working for someone...
The CARES Act recently passed into law some measures to stimulate the economy. There is a provision that allows retirees to stop taking Required Minimum Distributions (RMD) from 401(k)...
Posted by Carmen Garcia on 06/22/2020
As the saying goes, to be forewarned is to be forearmed. After preparing the Form 1099 MISC forms, stop and check if the info entered is correct. Before submitting these forms to individuals...
Posted by Carmen Garcia on 06/11/2020
An unemployment insurance program provides unemployment benefits to eligible workers who become unemployed through no fault of theirs and meet other eligibility conditions.Unemployment...
Posted by Don Bell Law on 05/17/2020
With Social Security Statement, you will know your initial retirement benefits based on your income of the moment and possible income in the future.You must remember that you will...
Posted by Accountable Solutions on 04/02/2020
A 1035 Annuity Exchange is a rule in Section 1035 of the Internal Revenue Code that allows the exchange of life or tax policies for a differed annuity contract that best suits the...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
The government encourages everyone to save money for their retirement. Tax breaks such as the Retirement Savings Contribution Credit and penalties for early distributions from retirement...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/14/2020
A stretch IRA is a means to limit the distributions necessary for an older IRA, by avoiding the considerable collection of taxes in this process. Instead of designating the spouse...
Posted by Flynn Financial Group Inc on 01/30/2020
