Life insurance companies are not closed due to the COVID-19 pandemic. Many of these companies, however, have come up with solutions in a bid to meet up with demands and increase sales....
Posted by Advanced Accounting & Tax Planning on 05/17/2020
It is vital to consider ways to secure our finances when we retired. This is where annuities come in. They provide a steady and guaranteed stream of income for as long as we are alive....
There is a large sum of money, $ 377 billion, intended to support small businesses in the latest coronavirus stimulation package from Congress. Understanding exactly how to access...
Posted by Flynn Financial Group Inc on 05/14/2020
The main incentive for small businesses under the CARES Act is the Paycheck Protection Protection (PPP) program. The $349 billion funded through the Small Business Loan Program (SBA)...
One of the tasks a person cannot put aside is filing taxes even though this might not be an interesting task to do on a weekend but filing your tax return evades a person from embarrassment...
Posted by Advanced Accounting & Tax Planning on 04/27/2020
Did you know that employers deduct income tax from the paychecks and remit of their employees and report it to the IRS? If you’re an employee, you will receive an IRS Form W-2,...
In recognition of the vital work done by family caregivers, the Economic Security Project (ESP) aims to benefit from the reimbursement of the cost of living, an extension of the tax...
Posted by Advanced Accounting & Tax Planning on 04/20/2020
The trader tax status (TTS) constitutes the treatment of business expenses and offers several significant tax advantages to qualified active traders. The first step is to determine...
Posted by Advanced Accounting & Tax Planning on 04/20/2020
Provided that the debts were properly paid off, filling for the IRS tax extension might be easier than what it seems.There are a lot of reasons why we need tax extensions. Some of...