Recently, the Internal Revenue Service and the Treasury Department gave their verdict on the gift items and tax exclusion amount that have taken effect from 2018 to 2025. The regulations...
Posted by LLOYD J CAZES CPA on 01/23/2020
All U.S. citizens do have up to the middle of the fourth month of the year to file in their annual tax. There are, however, other options for extensions based on various factors. There...
Posted by Elliot Kravitz, ATP on 01/19/2020
The final regulations around the increased gift and estate tax exclusion amounts in effect from 2018-2025 has been issued finally by the Treasury Department and the Internal Revenue...
In the year 2020, how much do you think you can save for retirement? The 401(k) contribution limits are up, traditional IRA contribution limits stay the same, and almost all the numbers...
Posted by Debi G Hill, CPA on 12/28/2019
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
The stock market nowadays is crazy - and taking speculators on a financial roller coaster. Imagine a 900 points dip in a day, and up 250 another day, rinse and repeat! In case...
Posted by Larry Hurt on 10/23/2019
The Tax Cuts and Jobs Act provided noteworthy improvements to the way U.S. multinationals' foreign benefits are taxed. This new meaning of income is intended to demoralize organizations...
Posted by Larry Hurt on 08/26/2019
Tax laws are passed by Congress, tax revenues are then collected by the Treasury Department, and the reporting and collection process is done by the International Revenue Service (IRS)....
Posted by Flynn Financial Group Inc on 08/23/2019
The 2017 tax law's cap on the state and neighborhood tax deduction has been a standout amongst the most polarizing components of the government update, and the IRS could before...
Posted by Debi G Hill, CPA on 07/25/2019