Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
We live in a world where money is king and the art of saving for a rainy day is something we should all master, including children. So now is the best time to teach your kids valuable...
Posted by The TaxAdvocate Group, LLC on 06/11/2021
Each year, the vast majority of taxpayers file their returns with the IRS between the end of January and the April due date and other filing dates.However, the Internal Revenue Service...
Yes!!! But, as with almost everything related to income tax, whether business or personal, there are always exceptions.In general, you will be able to waive credit card charges and...
Posted by Dennis Jao on 06/11/2021
It all started as a funny idea that hit us like a fly on a hot summer day. In recent years, the fly has continued to buzz louder and louder and doesn't go away. The billionaires...
Posted by Flynn Financial Group Inc on 06/11/2021
The days in which one is limited to a single source of income are over. Many people can now monetize their skills and make money in their free time. The gig economy is increasing rapidly,...
Posted by CORE PERFORMANCE on 06/11/2021
Data from recent statistics revealed that about $1.2 trillion was claimed as tax deductions last year. From this, a handful of people went through the standard deduction route. Unfortunately,...
Posted by Thomas G Kinsella, ATP on 06/11/2021
Almost everyone looks forward to retirement time as it presents an opportunity to rest. You take a permanent break from work while you get enough time to follow your passion. However,...
Posted by Tiffany Gaskin on 06/11/2021
With the cost of living rising and longer life expectancy, many seniors end up with limited funds. As a result, a reverse mortgage might be the best bet to ultimate comfort during...
Posted by Rosovich & Associates, Inc. on 06/11/2021
