Due to the 2015-32 revenue procedure, only 401K late applicants via Form 5500-EZ received automatic exemption from IRS registration fees under 6652 (e) and 6692 of the Internal Revenue...
What is a Subsidy?A subsidy is a benefit granted to a person, a company, or an institution, generally by the government. This is usually a cash payment or a tax exemption. The subsidy...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/30/2020
Running a business is quite tricky without increasing the complexity of filing taxes every year. The key, experts say, is to work with your financial advisor or an accountant throughout...
Posted by Debi G Hill, CPA on 01/23/2020
Health care is one of the most critical expenses for retirees, but not only because the elderly tend to access more medical services. Even if you've never seen your doctor, your...
Posted by Debi G Hill, CPA on 01/23/2020
Student loans affect your credit in the same way as other loans: you pay according to what is agreed and suitable for your credit; Pay late, and it can hurt you. However, student loans...
Posted by Debi G Hill, CPA on 01/23/2020
Tax filing season is in full force and many of my clients express a healthy fear of the IRS. Any agency that has the legal power to tax and take ALL of your money should be respected....
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
I remember it was the last semester of college and had a full blown case of senioritis. I was working on my final project for my capstone business course regretting that I had waited...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
“Our new Constitution is now established, and has an appearance that promises permanency; but in this world nothing can be said to be certain, except death and taxes.”...
Posted by Terrance Hutchins, CLU, CFP, RICP, EA on 01/21/2020
A professional athlete typically earns huge annual salaries, on top of their million-dollar endorsement and profitable career opportunities. But it does not secure them from having...