What Is the Standard Deduction?The standard deduction is a fixed dollar amount that reduces your taxable income. It's designed to simplify the tax-filing process and provides a...
Posted by True Tax Service on 10/26/2023
Planning for retirement is a multi-step process that evolves. To have a secure, comfortable, and enjoyable retirement, you must create the financial cushion to fund it. Please pay...
Posted by CORE PERFORMANCE on 07/31/2022
As a non-citizen of the United States or living abroad, filing a first-time tax can be challenging. You have no experience and what it takes to file tax for the first time correctly....
Having a cash flow projection can be the difference between a thriving business and filling for a Chapter 11 for small business owners.A study found that 30% of businesses fail because...
Posted by Karen Munoz, EA on 08/06/2021
The tax basis for your estate is what you paid for the property and all of its improvements and is generally different from the estate's purchase price. Often, the tax basis of...
Posted by Carmen Garcia on 06/18/2021
As the concept of infinite banking gains popularity in the financial world, it is important to understand the basics. What is Infinite Banking, and how does it work? Above all, who...
Posted by CORE PERFORMANCE on 06/04/2021
There are cases in which some people will be able to get rid of all or part of their student loans using a forgiveness plan targeted at student loans. This removes the burden of dealing...
One of the most stressful events in life is experiencing financial difficulty. Whether personally or in your business, it can take its toll on one's well being. It might become...
Taxation of trust fund incomeDeath and taxes are two things that you cannot avoid in life. While there are ways to minimize your tax participation, you certainly can't get rid...