By and large, debt that is canceled or forgiven by a moneylender is viewed as taxable earnings by the IRS and must be incorporated as salary on your return form. Instances include...
Posted by ERICHSEN KALLSEN & ASSOCIATES CPAS LLP on 03/08/2019
People are always in search for opportunities – opportunity to succeed, acquire wealth and riches as a sense of security and fulfillment as human beings. As resources go scarce,...
Posted by Global Accounting on 03/01/2019
What Is Bank Reconciliation?A bank reconciliation is matching the balances in an entity's accounting records for a cash account to the information on a bank statement. The reason...
Posted by rinehimerbaker on 02/28/2019
Retirement is the withdrawal of your position or employment or active working life. A person can also retire by reducing working hoursWhat To Do In RetirementRetirement can be an interesting...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/27/2019
A joint return is a tax return filed by married taxpayers whose filing status is married filing jointly (MFJ) or by a widowed taxpayer whose filing status is Qualifying Widow or Widower...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/27/2019
You've most likely heard a reverse mortgage explained in so many ways, however basically the loan specialist pays you to remain in your home compared to the traditional mortgage...
Posted by YourIRSTaxAdvocate.com on 02/27/2019
Student loan consolidation can be divided into two types: government and private. Private consolidation is also called refinancing. These procedures are regularly confused. However,...
Posted by YourIRSTaxAdvocate.com on 02/27/2019
The Internal Revenue Services announced a major changed that made their official website crashed and left millions of taxpayers feeling frustrated. The deadline to file the people’s...
Posted by Wright Tax and Accounting Solutions on 02/25/2019
An Installment Agreement is an Internal Revenue Service (IRS) payment option that spreads payment of tax debt on a monthly payment basis. The total amount owed can be paid in full,...
Posted by Global Accounting on 02/25/2019
