DefinitionThe Kiddie Tax is a term referring to a special tax law implemented in 1986 involving investment and unearned income tax for individuals below 17 years of age.What is unearned...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/30/2018
A brand new deduction has been established by The Tax Cuts and Jobs Act for pass-through business owners. They will be able to take advantage of up to 20% deduction of their net business...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/30/2018
Most of us won’t admit this: marriage is not only a romantic relationship, it can be a business relationship too. A lot of couples around the world know this fact, which is why...
Posted by John Pournaras Agency on 08/30/2018
As we know that America has one of the largest states in the world unlike other countries. There are different aspects and economy which runs in different states of America. There...
Posted by rinehimerbaker on 08/30/2018
Non-credentialed tax return preparers are encouraged to join the IRS voluntary program called the Annual Filing Season Program (AFSP) and participate in continuing education (CE) courses....
Posted by Advantage Tax Service on 08/17/2018
There are over 2 million Individual Taxpayer Identification Numbers (ITINs) today that are soon to expire by the end of 2018. The IRS encouraged taxpayers to hurry in processing and...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 08/17/2018
If you are concerned and maxed out your 401(k) plan? Here’s another way to save for you. It is obvious that there could be times when you would be maximizing out the retirement...
Posted by ALJ Business Services,LLC on 08/13/2018
During an audit season, not-for-profit financial statement mistakes may cost you. The auditors will feel similar to medical professionals for not-for-profit financial statements. They...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/13/2018
While you are dealing with the property tax breaks, you need to remember the fact that there might be struggle behind it. You do have to get through the tax brackets with the debt...
Posted by John Pournaras Agency on 08/01/2018