No one likes paying penalties. However, the IRS likes levying them to encourage tax compliance. Without there being penalties, many Americans could not even bother paying taxes. There...
Posted by Valderas Financial Solutions LLC on 12/06/2017
Many entrepreneurs spend a lot of time book in logging receipts and expenditures, computing accounts payable and receivable, tracking profits and losses, filing taxes, and so on. The...
Posted by Valderas Financial Solutions LLC on 11/29/2017
About 25 percent of U.S. families who care for their parents spend in excess of $10,000 each year doing so. Plus, 40 percent of all families who pay the way for their elderly parents...
Posted by Valderas Financial Solutions LLC on 11/22/2017
If you sell your primary residence two to five years after purchasing it, you would be eligible for home sale gain tax exemptions. However, you would have to fulfill a wide range...
Posted by Valderas Financial Solutions LLC on 11/15/2017
For any new retiree, the biggest challenge is the changeover from accumulating wealth through saving for retirement during your working days, to learning how to spend it in maintaining...
Posted by Valderas Financial Solutions LLC on 11/08/2017
Smart tax planning basically involves taking advantage of all the available taxation tools and knowledge when filing your individual or business tax return. This helps you to qualify...
Posted by Valderas Financial Solutions LLC on 11/01/2017
captial gains, inheritence Figuring out your tax basis when selling assets can be tricky because some transactions fall under guidelines defined under the IRS's Publication 551 while...
Posted by Valderas Financial Solutions LLC on 10/25/2017
Having children is expensive, but you may be able to reduce your tax bill and save hundreds, if not thousands of dollars, by getting back a portion of the money you spend on child...
Posted by Valderas Financial Solutions LLC on 10/18/2017
Many Americans feel cheated at tax time. The 2016 Pew Research Center poll revealed 61 percent saying that it troubled them a lot, that some affluent people don't pay "enough" federal...
Posted by Valderas Financial Solutions LLC on 10/11/2017