Socking money away into a high-interest kids savings account is a good place to start if you want to give your child a brighter future, and even better, when it’s tax-free. There...
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
Many of us think that the service of a financial advisor is an opulence reserved for the rich, those who need financial assistance. When you are a small business or an individual with...
Posted by Advantage Tax Services, Inc. on 01/27/2019
This is a commonly asked question by many that why do the rich people hate to pay the estate tax. Death as well as paying taxes is not avoidable. Some people believe that the reason...
Posted by J.R.'S TAX SERVICE on 11/30/2018
On all aspects of estate planning, estate management, resolution of trust dispute, expansion plans for business and regarding other business related strategies, wealth preservation...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 11/30/2018
IDIT (Intentionally Defective Irrevocable Trust), is an effective estate management tool that is sanctioned by Internal Revenue Service. Through this tool, the IRS allows individuals...
Knowing about earned income tax credit is necessary for every American citizen as it plays an important role when you are residing there. The short form of earned income tax credit...
Posted by Niner's Accounting & Tax Services, LLC on 10/10/2018
There are some of the matters which can be under the right sources and you will be covering the popularity of inheriting IRAs. There is some of the information which you need to keep...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 10/02/2018
Keeping your books updated is crucial to each and every business. Very small, freelancers may be able to check their bank accounts in order to know how they are actually doing. But,...
Posted by Duce Taxes & Accounting on 09/11/2018