What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
If you want to understand the workings of taxation in the US better and how the relevant authorities play out the whole procedure using the IRS guideline basics, contact the accountants...
Most people find anything to do with the IRS stressful and sometimes disturbing, and at the offices of Falisha Griffin, we understand that completely. That is why people hire our professional...
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
There are certain provisions in the tax laws that are admittedly difficult to understand unless you have a good background of the law. And the adjustments or amendments that are made...
Entrepreneurship can be real rewarding when it comes to freedom and financial stability, however, if you own a small business, and it has kicked off really well, there is one thing...
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...
For many years, Johnson, Johnson & Associates, Inc in Yeadon, PA has been harvesting tax losses was almost exclusive to the wealthy. You couldn’t hear too many locals talking...