Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses you...
Your business is personal good, has resources within its walls, and has a huge impact on what your organization owes in tax. Unfortunately, this critical perspective is often overlooked...
Everyone wants to cut taxes, but sometimes people try too hard. Over the years, taxpayers have presented many foolish arguments to justify their tax incentives. We had put together...
Posted by Elliot Kravitz, ATP on 06/11/2020
Everyone wants a less tax-friendly bill. One way to do this would be to live in a state with no income tax. As of 2019, seven states; Florida, Alaska, Nevada, Texas, South Dakota,...
Posted by Elliot Kravitz, ATP on 04/20/2020
Everyone wants to pay their student loan including you. But before you do so, you have to make sure that for each repayment plan, you understand the advantages as well as the disadvantages.Below...
Posted by Flynn Financial Group Inc on 02/25/2020
If you fear a possible recession on the horizon, you can take some financial measures to protect yourself.A report made by the National Retail Federation revealed that the proposed...
Posted by Valderas Financial Solutions LLC on 10/29/2019
During the last few months, the IRS has been busy. People in or near their retirement is where some of its work mainly focuses on. Under the tax code, the health portion genetic-testing...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/25/2019
Several taxpayers have experienced tax-related identity theft. Beneath we clarify what tax-related identity theft is and steps that ought to be considered by any individual who is...
Posted by Debi G Hill, CPA on 10/23/2019
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019