Interest rates will continue rising in 2019. But savings rates, mortgages, certificates of deposit, and credit cards are growing at different speeds. Each product is based on a different...
Posted by Elliot Kravitz, ATP on 08/02/2019
Formerly known as the Retirement Savings Contribution Credit, the savings credit offers a unique tax advantage to low- and moderate-income taxpayers who save for retirement. This credit...
Posted by Roland Zita, CPA on 05/30/2019
Before going deeper in to the nature of The opportunity Zone programs, let us first see what an opportunity zone is in the first place. As it names implies, the opportunity zone is...
Posted by rinehimerbaker on 10/26/2018
To save money quite often is essential to balance the financial goals as well as obligations. On the other hand, to save so much or over saving can become detrimental and dangerous...
Posted by Niner's Accounting & Tax Services, LLC on 10/02/2018
It took 30 years before the Congress finally passed an impactful tax reform featuring some serious changes. The goal of the Tax Cuts and Jobs Act (TCJA) is to push economic growth...
Posted by Abundant Returns Tax Service on 09/11/2018
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
Having the separate budget for the businesses may bring the reduction of the corporation income tax rate to 21% which is why there have been specific measures introduced by the senate....
Posted by rinehimerbaker on 03/08/2018
While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...
Posted by AccuraTax LLC on 01/28/2016