If you recently installed energy efficiency upgrades in your home, such as solar panels, you can get a credit for your investment. Two energy tax credits are currently available for...
1031 exchange is simply a swap of an investment property for another. Since most swaps are considered sales, they are taxed. Meeting the requirement of 1031 will remove or reduce your...
Will you pay taxes on the sale of your home? Probably not, unless you have an income over $ 250,000 or over $ 500,000 for couples. But before we continue, let's take a look at...
It is the financial responsibility of every homeowner to pay property tax. The revenue from this tax is essential to keep the community running and fund public projects, construct...
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
A lot of people said that there is always wisdom with age. But there are also perks that can possibly cut your taxes in your retirement when you age. The IRS starts to lighten...
Posted by Flynn Financial Group Inc on 11/11/2019
A growing number of Americans are choosing to live together rather than getting married, and this trend is particularly strong among older couples. According to the US Census Bureau...
Posted by John Pournaras Agency on 09/26/2019
Credit card debt consolidation is straightforward on a fundamental level. In case you're stressed out on making numerous credit card installments monthly, you might need...
Posted by Freedom Tax Center on 05/20/2019
Does the deadline for tax filing trouble you? You could be at work or miss the W-2 sent by your employer. Whatever the reason, it seems that April 18 will not come. The great thing...
Posted by Flynn Financial Group Inc on 05/01/2019