With bankruptcy, millions of Americans have been able to get out of debt and get a fresh start. It is a legal tool with which people can get relief from debt and comes in different...
Posted by Tucker Accounting Services LLC on 05/29/2021
The grantor, which can also be called the creator, settlor, trust maker, or trustor, is the party who forms the trust. For married couples, if the trust was established jointly, they...
The Keogh plan (HR 10 plan) is a tax-deferred retirement plan funded by the employer targeted at self-employed people and businesses that are not incorporated. Distributions to such...
One of the most stressful events in life is experiencing financial difficulty. Whether personally or in your business, it can take its toll on one's well being. It might become...
Taxation of trust fund incomeDeath and taxes are two things that you cannot avoid in life. While there are ways to minimize your tax participation, you certainly can't get rid...
Debts with the IRS come in many shapes and sizes. The most common debts owed to the IRS are back or unpaid income taxes. Now that more people are working full or part-time, overdue...
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
Parents typically open custodial accounts if they want their children to save and invest because children in most states are not legally allowed to own financial assets. UTMA is one...
For centuries, estate planning and asset management of clients have been overseen by financial advisors. However in recent years, for finance pros and their clients to stay on top...
Posted by Elliot Kravitz, ATP on 10/29/2019