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
What Is Book Keeping?Book Keeping is the act of recording financial details and is a significant accounting process in business. Transactions incorporate sales, purchases, receipts,...
Posted by Advanced Accounting & Tax Planning on 03/08/2019
An engagement ring is a symbol of love, dedication, and commitment between two people as they decided to spend the rest of their lives together. Engagement rings are usually made of...
Posted by Advantage Tax Services, Inc. on 03/01/2019
Unless you hire an experienced tax professional to take care of your tax returns, you’re likely to make mistakes on filing your own federal returns each year. The IRS recognizes...
Posted by Advantage Tax Services, Inc. on 03/01/2019
Do you want to lower your taxable income and receive a greater potential refund? Then you may want to look file as the Head of Household on your tax return. It’s better than...
Posted by John Pournaras Agency on 03/01/2019
A C Corps is a business term used to distinguish one type of entity from the other because its profits are taxed separately from its owners under Subchapter C of the Internal Revenue...
Posted by rinehimerbaker on 02/28/2019
Some studies have shown that marriage is one of the most stressful things you will ever experience. It's dragging spaces with a terminal illness such as cancer, or heart failure,...
Posted by J.R.'S TAX SERVICE on 02/27/2019
As you probably know, most financial planners advise you to wait until age 70, if you can afford to wait, to be able to receive your social security benefits. The monthly payment for...
Posted by Flynn Financial Group Inc 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
