The Income Tax Service has classified the income of Indian citizens into five different categories, depending on their source of income. These categories mainly include homeownership,...
An overview of spousal liability concerns in the world of income tax.To be able to understand this concept better, we will create a scenario where we have imaginary characters. "For...
Do you often feel that retirement planning is like mastering another language? It really doesn’t have to be that way. Contrary to popular belief, retirement plans are easy to...
Posted by Don Bell Law on 07/09/2020
What is Municipal BondA municipal bond is a debt issued by a municipality, state, or a country to finance capital expenditures, including the construction of schools, highways, or...
Posted by Tim Thompson CPA PLLC on 06/15/2020
Many people dread retirement. This is not surprising as the monthly paycheck has seized coming in. As a result, it is a good idea to consider low-interest investment opportunities...
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
Everyone is responsible when it comes to paying their own taxes. The Internal Revenue (IRS) is very strict in implementing this rule to everyone: regardless of your age, are required...
Posted by J.R.'S TAX SERVICE on 04/03/2019
A person who wishes to buy a house always look for a great deal. They wish to get something good in low price but then the reality hits. It is always bitter in reality that you have...
Posted by Abundant Returns Tax Service on 06/18/2018
Without any doubt, tax season is a stressful time for millions of people in the United States. As per the statics of labor bureau, the average household of the United States is paid...