All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
Buying or selling a home can be one of the most stressful and exciting times of your life. However, selling your home also has tax implications. In order to meet your requirements...
The home sale gain exclusion is often considered one of the most valuable deductions you can use when you sell your home. This goes along with the many other tax deductions and credits...
If you owe the Internal Revenue Service a large amount of money from previous tax years, and have not answered correspondence or started a payment plan, you may end up with a lien...
AccountantHas the instability of the stock market got you thinking about what exactly you can do? Now may be this is the perfect time to make your own lemonade. It is wise to consider...
For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...
Your tax responsibility this year can cause a lot of financial stress that may put elements of your life in jeopardy. No one wants to fall behind on their payments or have their property...
Investing, in its bare bones form, is all about letting the money you have make more money for you. This holds true for stock market investment too. Investing in the stock market allows...