Section 1031 of the IRS code slowly creeps into everyday conversation. The term refers to real estate agents, bond companies, investors and football mothers. Section 1031 of the...
Posted by Valderas Financial Solutions LLC on 09/26/2019
If the administration were to necessitate that only men or only women needed to pay a tax of a few hundred dollars every year exclusively as a result of their sex, that would be an...
Posted by Debi G Hill, CPA on 08/26/2019
Suppose you think of a company as an unincorporated parallel business. If your business expenses exceed your income, you will have a net loss. You may feel that you can deduct this...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
Real estate investment trusts (“REITs”) permit persons to invest in large-scale, income-producing real estate. Real estate investment trust (REIT) is an organization that...
April 15 has been the Tax Day in the US since 1955, or the following business day on the off chance that it falls on an end of the week or holiday. In spite of the way that taxes are...
Posted by LLOYD J CAZES CPA on 05/29/2019
Several Americans have come to depend on tax refunds to feed their spending during the last days of winter. But since income tax filing has begun, a general review of the tax code...
Posted by J.R.'S TAX SERVICE on 04/09/2019
Unless you hire an experienced tax professional to take care of your tax returns, you’re likely to make mistakes on filing your own federal returns each year. The IRS recognizes...
Posted by Advantage Tax Services, Inc. on 03/01/2019
The IRS announced on Friday (Notice 2019-2) that there will be a significant increase in 2019 for the optional standard mileage rates although it has already slightly increased last...
Posted by Valderas Financial Solutions LLC on 01/22/2019
If you receive a tax bill this summer for outstanding taxes, you are expected to pay that bill in full including any penalties and interest. If you can’t pay the outstanding...
Posted by Advantage Tax Services, Inc. on 01/02/2019