While assessing your tax or working with a tax preparer or accountant, there is this sense of limiting your tax obligation by ensuring you claim the most significant measure of deductions...
Posted by YourIRSTaxAdvocate.com on 02/27/2019
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
A consolidated tax return is a corporate income tax return of an affiliated group, who elect to report their combined tax liability on a single return. How To File A Consolidated...
Posted by Global Accounting on 02/25/2019
Factors that determine Tax Family Families are always in different sizes, but the IRS is very specific as to how makes up a “tax family”. Considering the growing number...
Posted by John Pournaras Agency on 02/19/2019
The IRS sends you an underreported notice when the information you gave on your tax return does not correspond with the information about your income in the files of the IRS. This...
Posted by J.R.'S TAX SERVICE on 02/19/2019
Tuition credit is defined as a tax credit that allows eligible students being paid allowable college tuitions and expenses. Allowable college expenses must be for the post-secondary...
Posted by Flynn Financial Group Inc on 02/19/2019
If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental income is taxed for a...
Posted by KAB Bookkeeping and Tax Service on 02/11/2019
If you know what tax deduction is and how it works, you may end up saving yourself a lot of money in 2019. For example, if you fall into the 25% tax bracket, you will be saving $250...
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
Cash Balance Plan is a pension plan that employees with the lifetime annuity option. It creates a customized account for every employee covered with a complete specified lump sum....
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
