Bad debts arise because money was loaned to a debtor or a customer received credit for purchasing a product or service, but the recipient could not fully or partially repay the debt....
While taxes for 2020 are not due until 2021, many important financial decisions made now can have a major impact on farm taxes and when they are paid. An important resource is the...
Section 4261 of the IRC typically imposes a special 7.5% air tax on amounts paid for "taxable transportation" and certain segment-specific dollar taxes. However, certain...
Also known as REIT, a real estate investment trust is known as a mutual fund for real estate. From the name, one can infer that the trust invests in investments related to real estate....
Most experts suggest that you undergo a regular financial examination every year or after a major life event (such as getting married or a divorce). It is important to follow a system...
Posted by Carmen Garcia on 07/16/2020
As a home business owner, you can make several tax deductions related to the cost of running your business, including expenses incurred to run your business from a home office. There...
Posted by Carmen Garcia on 05/17/2020
Section 1031 of the IRS code slowly creeps into everyday conversation. The term refers to real estate agents, bond companies, investors and football mothers. Section 1031 of the...
Posted by Valderas Financial Solutions LLC on 09/26/2019
It’s no longer a surprise why sites like Airbnb and Craigslist became popular these days. A lot of savvy travelers have been looking for alternative accommodations when they’re...
Posted by rinehimerbaker on 01/22/2019
After purchasing a condo & living in this for many years, Sue suddenly meets Steve, got married. They move into a house. As the rental market in that area is quite improving. So,...
Posted by Tax Solutions & Accounting Services on 10/26/2018