College education can set you back by a substantial sum. In 2017-2018, a four-year course in a private college would entail an expense of about $34,740. It could take you the best...
Posted by Elliot Kravitz, ATP on 09/30/2019
By providing a better user experience and control over various aspects of money management, financial technology (Fintech) applications are an effective and convenient way to take...
Posted by Elliot Kravitz, ATP on 08/02/2019
Do you lose sleep when it comes to managing your finances? If so, you are in good company. In a survey conducted in 2018, 30% of Americans said they were continually being asked for...
Posted by Elliot Kravitz, ATP on 08/02/2019
Over the last 70 years, child support payments have been deductible by the payer and taxed as income for the recipient (note that significant rule changes occurred in 1984). The previous...
Posted by Elliot Kravitz, ATP on 08/02/2019
As you are probably aware, the large proportion of your income is taxable. Whether earned through a salary, hourly wages, tips, commissions, rent from a property that you lease or...
Posted by Elliot Kravitz, ATP on 07/25/2019
In case you are still hanging tight for a tax refund on your federal income this year, here's one reason it may be postponed: the administration could have seized it. A similar...
Posted by Elliot Kravitz, ATP on 05/29/2019
When it comes to tax treatment, there is a difference between unreimbursed business expenses for partners and S corporation shareholders. Also known as ordinary and necessary expenses,...
Posted by Elliot Kravitz, ATP on 04/17/2019
It's possible to trim tax bill on your estate by appealing the real value assigned to your home by the taxman. The "assessed value" is what's utilized to figure...
Posted by Elliot Kravitz, ATP on 03/08/2019
Tax season is a time that most of us both anticipate and dread. On one hand, there's the excitement of a potential tax refund, but on the other, there's the looming confusion...
Posted by True Tax Service on 10/21/2023
