The ‘Setting Every Community Up for Retirement Enhancement Act’ (SECURE Act) passed recently in the House with a 417-3 vote and is relied upon to reach the Senate during...
Posted by John Pournaras Agency on 07/29/2019
If after negotiating a debt cancellation with a lender and you receive a Form 1099-C, in most cases you’ll have to report the amount on that form to the Internal Revenue Service...
Posted by John Pournaras Agency on 06/25/2019
As a result of the changes in the tax rules, dividend income and capital gains have gained much more attractive as streams of passive income for investors who are in the bracket of...
The Tax Cuts and Jobs Act, enacted in 2017, brings alterations for 2018 tax returns. Vast numbers of the law's arrangements will influence retirees, and possibly for the better...
Posted by Accounting Advantage, Pa on 05/29/2019
Does the deadline for tax filing trouble you? You could be at work or miss the W-2 sent by your employer. Whatever the reason, it seems that April 18 will not come. The great thing...
Posted by Flynn Financial Group Inc on 05/01/2019
In December 22/2017 the new tax law called tax cuts and jobs act was approved and passed into law by congress. Due to the change that was associated with the new tax law, a lot of...
Posted by Wright Tax and Accounting Solutions on 04/09/2019
Peradventure you moved to another home as a result of your activity or business, you might almost certainly deduct the costs of your move. To be deductible, the moving costs must have...
Posted by Key Tax & Financial Services, LLC on 02/27/2019
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
14.3.1 [a] U.S Taxation of Canadian Residents on Personal Services IncomeUnder the Code, non-resident aliens who earn income in the U.S. are subject to federal income tax on the portion...
Posted by The Accounting and Tax on 01/21/2019