All investors and shareholders that get dividends and distribution will have the dividend reported on IRS Form 1099. Examples of dividends reflected on the 1099 DIV form are capital...
Posted by Carmen Garcia on 12/15/2020
The standard mileage rate, also known as daily mileage or deductible mileage, is a rate set by the Internal Revenue Service (IRS) per mile maintained by a taxpayer for business purposes...
Posted by Karen Munoz, EA on 11/24/2020
In December 2017, major tax reform was launched, which concerns individuals and businesses. It is commonly known as the Tax Reduction and Employment Act, TCJA, or Tax Reform. Most...
Posted by CORE PERFORMANCE on 11/06/2020
It is improbable that either of the party will have time to think about the insurance issues there will be when there is a dissolution of their marriage with all the raw emotions and...
Posted by LLOYD J CAZES CPA on 07/16/2020
Living and working abroad is an incredibly interesting opportunity. However, because U.S. taxes are based on citizenship, Americans living in a foreign country must continue to file...
Posted by Flynn Financial Group Inc on 07/09/2020
Prices of securities in the past two months have gone haywire. One day stocks are crashing, the next day it’s zooming. There could be a bizarre dip of a low-risk bond fund in...
Posted by Tim Thompson CPA PLLC on 06/23/2020
If you have a relative that passed away and left you a considerable sum of money, it is possible to feel that you have arrived. Rather than lavishing the money on frivolities, however,...
Posted by Flynn Financial Group Inc on 06/10/2020
When a business has a net operating loss, it means there is a negative income. It happens when the tax that can be deducted from a company is more than taxable income. While this is...
Posted by Don Bell Law on 04/02/2020
In Dec 2019, the IRS announced that the standard mileage rate that will be used for deducting operating costs for automobiles would be 57.5 cents per mile. This is half a cent lesser...
Posted by Flynn Financial Group Inc on 02/14/2020
