The modified adjusted gross income is used by the IRS to find out whether a private taxpayer is eligible for specific tax deductions. The IRS most importantly use it to determine how...
Posted by rinehimerbaker on 11/14/2018
A recent update to income tax withholding for 2018 was announced by the IRS in their IR-2018-5 news released. The Tax Cuts and Jobs Act (TCJA) created changes which led to the updates....
Posted by Flynn Financial Group Inc on 11/05/2018
Estate & gift tax generally is the matter of federal government. It is on the property transfer from one person to second person. It might happen either at the death (the estate...
Posted by Flynn Financial Group Inc on 10/26/2018
Are you planning to get married but is worried about how you’re going to be dealing with taxes once you join the married folks club? Although marriage symbolizes true love and...
Posted by Advantage Tax Service on 10/03/2018
Collecting money every tax season has got to be one of the best moments in a taxpayer’s life. A lot of workers calculate their withholdings to ensure they’re getting their...
Posted by rinehimerbaker on 09/11/2018
There are over 2 million Individual Taxpayer Identification Numbers (ITINs) today that are soon to expire by the end of 2018. The IRS encouraged taxpayers to hurry in processing and...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 08/17/2018
When you are working with form 2290, you need to know that there are some of the regulations which you need to follow. Each form which you sent out to IRS has its own meaning with...
Posted by Flynn Financial Group Inc on 08/15/2018
The term “flat tax” is defined as an income system wherein all taxpayers pays the same tax rate regardless of their earned income. A flat tax is typically applied to everyone...
Posted by John Pournaras Agency on 08/01/2018
What is the Social Security Tax?Social Security tax is usually collected in the form of payroll tax or self-employment tax. It is levied on both employers and employees to fund the...
Posted by Valderas Financial Solutions LLC on 08/01/2018