It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
Traders can enjoy significant tax savings and here are some rules that the IRS checks before qualifying traders.Hours: It would help if you spent at least four hours per day trading...
Peradventure you currently have an old credit card account that is inactive, you ought to think about whether you need to keep or drop it. An unused credit card with a yearly charge...
Posted by Wright Tax and Accounting Solutions on 03/08/2019
Whether you’re an accountant, a financial planner, or a regular person just wanting to make wise choices with your money, index universal life insurance should be on your radar...
Posted by Foudy CPA Group,PC on 03/15/2018
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...