Student loans affect your credit in the same way as other loans: you pay according to what is agreed and suitable for your credit; Pay late, and it can hurt you. However, student loans...
Posted by Debi G Hill, CPA on 01/23/2020
Paying taxes for plaintiffs win or lawsuit settlements can be a little surprising for some people. Reality hits when tax season comes and the IRS Forms 1099 arrives in the mail. This...
An unexpected, unusual or sudden event that causes damage to your property would allow you to enjoy a casualty deduction -- in that tax year -- for the loss to your property. The...
Are you aware that the IRS (Internal Revenue Service) encourages long-term investments? In particular, the capital gains tax that the IRS charges Americans for capital gains is significantly...
Posted by John Pournaras Agency on 09/26/2019
At the point when a storm harms your home or a criminal takes resources from your home or vehicle, you presumably resort to insurance to repay you for your loss. Insurance agencies...
There are critical tax favorable circumstances for Independent Contractors (IC) versus workers. ICs deduct costs of doing business, though, the new tax law (TCJA) suspended "unreimbursed...
As you probably know, most of your income is taxable. If you earn a salary, an hourly wage, tips, commissions, renting a property you entrust or dividends and interest on your investments,...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
As you are probably aware, the large proportion of your income is taxable. Whether earned through a salary, hourly wages, tips, commissions, rent from a property that you lease or...
Posted by Elliot Kravitz, ATP on 07/25/2019
You are entitled to an array of tax deduction and credits if you are disabled. This may result in the IRS sending you money and eliminate your income tax liability. If you have...
Posted by John Pournaras Agency on 06/25/2019