Ready or not, the tax return changed again during the 2020 tax season. In 2018, the IRS significantly reduced the Form 1040, completely revising the previous traditional version and...
Prepared or not, tax return reporting was amended once more for the 2020 tax year. The IRS considerably fused the Form 1040 in 2018 which results in a total reconstruction of the old...
Posted by Freddie Cook, CPA on 04/03/2020
Millions of American taxpayers every year receive an unexpected mail from the IRS. There are two possibilities from that email: it is a simple matter that can be dealt with easily...
Posted by Flynn Financial Group Inc on 11/11/2019
Bitcoin is a cryptocurrency. A type of electronic cash. It is decentralized digital currency without a central bank or single administrator that can be transferred from one individual...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
Investments can provide an additional income stream, both while you are working or during your retirement. But there are also the potential risks that come with an investment that...
When it comes to investments, there can be plenty of highs and lows. Stock prices can plummet at any time, resulting in a loss as you sell that stock to purchase better performing...
The home sale gain exclusion is often considered one of the most valuable deductions you can use when you sell your home. This goes along with the many other tax deductions and credits...
If like most taxpayers you've been thinking that capital gains tax is just for the rich people, it's high time you stopped thinking in that direction. Any time you sell a capital asset...