Form 8396 is an IRS form used by homeowners to apply for a mortgage. The purpose of the mortgage is to help low-income taxpayers pay for their housing. You can only apply for a credit...
Carried interest is part of the income obtained when a private equity fund sells an asset. Sometimes called "carry," it is part of the net capital gains of the sale fund....
Divorce is hard and horrible. But at times, love turns sour, and two people have to part ways. The singular decision of parting ways involves many things. There are a ton of decisions...
Amid all the cautionary advice to prevent students from borrowing too much money to pay for their university education, one bit of good news may go unnoticed: interest paid on student...
Every business owner, irrespective of the field, needs to file and pay tax each year. The good news is there are legal strategies to reduce the amount you send to Uncle Sam as taxes.Some...
Posted by Don Bell Law on 07/24/2020
Property taxes are an important source of revenue for the city, state, and federal governments, which use the money to finance projects such as schools, road construction, maintenance,...
Posted by Don Bell Law on 07/16/2020
Living and working abroad is an incredibly interesting opportunity. However, because U.S. taxes are based on citizenship, Americans living in a foreign country must continue to file...
Posted by Flynn Financial Group Inc on 07/09/2020
Recognize whether which of the standard deduction and itemized deduction suits you before you file.Although you don’t have plenty of choices when it comes to paying taxes, you...
As the United States seeks to prevent the spread of COVID-19, companies have made difficult decisions to stay afloat and maintain a healthy work environment for employees. Today, millions...
Posted by Don Bell Law on 06/22/2020