As you probably know, most of your income is taxable. If you earn a salary, an hourly wage, tips, commissions, renting a property you entrust or dividends and interest on your investments,...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
Suppose you think of a company as an unincorporated parallel business. If your business expenses exceed your income, you will have a net loss. You may feel that you can deduct this...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
As a parent, I know children are very clear about what they want and do not seem to care about the monetary cost. What seems more fun to me is that they have no problem spending our...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
The ‘Setting Every Community Up for Retirement Enhancement Act’ (SECURE Act) passed recently in the House with a 417-3 vote and is relied upon to reach the Senate during...
Posted by John Pournaras Agency on 07/29/2019
An annuity is an insurance item that generates income and can be utilized as a feature of a retirement procedure. Annuities are a well-known decision for financial specialists who...
Posted by John Pournaras Agency on 07/29/2019
The Internal Revenue Service recently announced new, higher commitment limits for health savings account from 2020. HSAs are the ideal approach to save having a three-fold tax effects...
Posted by John Pournaras Agency on 07/29/2019
The process of growing your financial assets is called investing. Investing in assets that provide cash flow, rising prices, or both, are some various ways to do this. Keeping investment...
Posted by Flynn Financial Group Inc on 07/26/2019
The current or former marital partner is where the Social Security benefits go to if the spouse dies, but that depends on certain circumstances. To current spouses, widowed spouse,...
For creating retirement accounts for employees, many companies use the 401(k) plan. Often along with a little incentive and a portion of your paycheck from your company, you are charged...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/26/2019