The TCJA that was passed in 2017 significantly reduced the corporate tax rate and introduced the Qualified Business Income Deduction (QBID).The QBI deduction makes it possible to reduce...
Some laws remain relatively unchanged for decades, if not centuries. However, tax laws are not timeless and must reflect an ever-changing global economy, complex government changes,...
Starting a business can be an exciting new adventure for those with an idea who wish to be self-employed. There are several things to consider, however, when you are opening...
Thanks to the Internal Revenue Service's (IRS) cost-of-living adjustment, you can save more money on retirement plans and health savings accounts (HSAs) by 2020. This year, good...
Points to NoteBecoming an independent contractor can be tempting for employees who work from home, count on the client's work, and claim a large number of tax deductions, including...
The federal government estimates that approximately 60% of people use paid tax preparers to complete and file their tax returns. If you fall into this category, you have nothing to...
Posted by Tim Thompson CPA PLLC on 06/15/2020
The internet came with many blessings for men, and making money is one of the benefits. As a result, there are many resources online that can help you make and grow your wealth. In...
Did you know that YouTube is the second largest social platform, with more than 1.5 billion visitors per month? The video distribution site is almost unmatched in terms of time spent...
Do you have a hard time sleeping at night thinking of your financial problems? Does your money problems trigger your anxiety? Don't ignore that because financial problems could...
Posted by Carmen Garcia on 04/02/2020