What Is the Standard Deduction?The standard deduction is a fixed dollar amount that reduces your taxable income. It's designed to simplify the tax-filing process and provides a...
Posted by True Tax Service on 10/26/2023
Before hiring a financial professional, you must ensure the service provided meets your needs. Start by recognizing what you want, then use these ten questions to scrutinize the advisor...
Posted by CORE PERFORMANCE on 08/11/2022
Planning for retirement is a multi-step process that evolves. To have a secure, comfortable, and enjoyable retirement, you must create the financial cushion to fund it. Please pay...
Posted by CORE PERFORMANCE on 07/31/2022
Buying a house can be very expensive. First is the down payment. Then there are closing costs, including appraisal, inspection, and title search fees. And once you own it, your expenses,...
Posted by CORE PERFORMANCE on 07/18/2022
Are you a government worker? If yes, the government has made a system where you can start saving for retirement known as the Thrift Saving Plan. These savings are paid as contributions...
Posted by CORE PERFORMANCE on 07/09/2022
OverviewEconomics is divided into two primary categories: microeconomics and macroeconomics. Microeconomics studies individual and business decisions, while macroeconomics analyzes...
Posted by CORE PERFORMANCE on 07/01/2022
What are capital allowances?Capital allowances allow taxpayers to get certain reliefs on capital expenditures by allowing deductions from their annual taxable income. Not all expenditures...
Posted by CORE PERFORMANCE on 05/27/2022
Except when you are selling for financial distress, selling the home is expected to yield a lot of profit for you. But there's a pitfall: capital gains tax. So many homeowners...
Posted by CORE PERFORMANCE on 05/09/2022
An Individual Retirement Account (IRA) is a tax-free savings account anyone can open and save for the long term. The IRA is primarily designed for those who want to begin saving for...
Posted by CORE PERFORMANCE on 04/30/2022
