There are times one might have a huge tax debt. In such cases, a monthly payment plan is the best way to pay the debt. There are various arrangements offered by Uncle Sam with which...
Posted by Unifirst Financial & Tax Consultants on 05/06/2021
Some errors on your tax return can cost you a large refund or end up with a larger tax debt with penalties and interest. There could be an audit in the worst cases, but you can defend...
Posted by Jim McClaflin, EA, NTPI Fellow on 04/30/2021
Business owners can deduct expenses for using their vehicles for business purposes. For one to qualify for such driving expense deduction, one needs to prove that the trip was business-oriented....
Posted by Raven Skylar Tax & Consulting, LLC on 04/30/2021
When it comes to financial management, debt management is an excellent skill. Whatever the type of debt – car finance, student loan, home mortgage, here are debt reduction skills...
Posted by Taxes Made EZ Inc on 04/30/2021
The federal insurance Contribution Act (FICA), alongside FUTA (the Federal Unemployment Tax Act), made it compulsory for employers in Puerto Rico to pay taxes. As a result, employers...
Posted by Abundant Wealth Planning LLC on 04/30/2021
Creating a financially secure life can seem like a daunting task, requiring the skills of a skilled cartographer and GPS programmer. You need to know where you are today and where...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/30/2021
According to the IRS, tax rates will depend on the taxpayer's source of income. Your income from the sale of stocks, for example, will generally be taxed at a lower rate than your...
Posted by Carmen Garcia on 04/30/2021
Capital gains tax for U.S. citizens living abroad can be complex due to expatriate tax laws and regulations. Whether you are selling your home overseas or renting out a property, this...
Posted by James Financial Services Inc on 04/30/2021
For couples with student loan debt, one of the most popular strategies for reducing monthly student loan payments and the ability to qualify for student loan repayment is to file as...
Posted by Aurelia E Weems CPA on 04/30/2021
