Taxation is never easy. And for many Americans, this year is even more difficult.There are many general challenges between the mid-season changes to the tax code, the various incentive...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/17/2021
People in a long-term committed relationship have many similar financial concerns as couples. There is, however, the absence of the protection and some benefits married couples enjoy....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/18/2021
Many people are less concerned about whether they owe gift taxes or not. A gift tax return is a Federal Government tax return often filed with certain terms and conditions by the gift's...
Many landlords pay more tax on their properties than they should. This is because they are ignorant of the several tax advantages and benefits of becoming a landlord. More than any...
There is no magic formula to determine the amount of life insurance you will need. However, you can make a reasonable estimate if you consider your present financial situation and...
When is the perfect time to give birth to a child during a tax year so as to claim that child as dependent on your tax return? You might be amazed by the answer: but anytime during...
There are bond authorities that are state-chartered in every state. These are housing agencies, healthcare facilities, authorities for the financing of industrial development, etc....
It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
Alimony, also known as spousal support, is the money paid to a spouse to another after a divorce. The idea is to help the spouse with the lower income to take care of expenses and...