Cash balance plans are defined benefit retirement savings plans that allow business owners to make large deductible contributions each year and build up deferred retirement savings....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/04/2021
The amount estimated to be donated by the average taxpayer in the U.S. sums up to at least $500 per month. According to the research done on the subject in 2017, there were over 37...
Posted by Pat Raskob on 10/30/2021
Savings bonds are a popular means of savings for conservative investors because they have the full confidence and credit of the US government. With savings bonds, you receive a fixed...
Posted by Pat Raskob on 10/19/2021
The IRS has offered varying options to taxpayers who cannot pay their complete taxes. They have set up a partial payment installment agreement called the PPIA to sort such issues....
Posted by Rosovich & Associates, Inc. on 08/06/2021
A tax amnesty is a program by the US government designed for tax defaulters to pay a part of some of their debt without the interest and penalties. This happens in the US, in which...
Amnesty is an act of mercy on the part of the government. It is the decision not to punish a person, business, or entity for a crime. Under a tax amnesty program, a state provides...
Surviving spouses and children of deceased veterans and service members are eligible for death benefits or DIC. Certain cash benefits are available to survivors of deceased active...
It is glaring that the lesser you pay, the longer you remain in debt. Besides, bear in mind that the interest of the debt keeps growing, and your credit score also takes a blow. If...
As a self-employed worker, you can claim the status of an independent contractor. However, when it comes to paying taxes, your status has its peculiarities.If you're an independent...
Posted by CORE PERFORMANCE on 03/17/2022