The 2017 tax cuts had a bad and fair press, and it is expectedly so. Its proponent promised to increase investment and wages and also assured everyone it would pay for itself of which...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/01/2019
Required Minimum Distribution (RMD) This is the amount that retirees over age 70 must withdraw from deferred tax plans such as IRAs and 401 (k) and (b) 403. The rules of the RMD are...
Posted by Global Accounting on 04/09/2019
No one wants to pay more income taxes than they are required to, but be careful if you do your own taxes. Attempting to cut your tax liability by getting into IRS grey areas can cause...
Posted by Tax Crisis Rescue on 12/29/2018
Several CPAs are conscious of the Roth IRA backdoor technique. Several people speculated that the IRS could challenge this technique. In the first step, it has obtained a name that...
Posted by Flynn Financial Group Inc on 07/30/2018
The easy way to get the non-deductible Roth IRA is through the contribution which you pay to IRA. If you are making a lot of money then you will be eligible for the non-deductible...
Posted by Tax Solutions & Accounting Services on 05/31/2018
Starting a new business can be an expensive process, as you rent space; hire employees; purchase equipment, inventory and other supplies; and of course, the necessary filings to set...
Most likely, living in Miami, Florida, you have considered the possibility of buying property for the purpose of renting it out. Rental property can be a great source of income,...
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...