Marijuana stocks are becoming increasingly popular as more states are legalizing the use of the drugs for medical and recreational purposes. Now you can even invest in marijuana stocks...
Deferred compensation plans can be a useful savings tool, especially for participants who want to maximize 401(k) contributions while still having savings to invest. Deferred compensation...
Posted by Taxes Made EZ Inc on 09/03/2021
Uncle Sam allows small businesses to defer tax payment in a series of ways. Here are four methods to make this happen:Apply for a Payment Plan (Short Term)You can defer your tax payment...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/31/2021
Your 1040sIf your income is over a specific amount, paying the federal income tax is mandatory. You might have to pay income tax in some states as well. The income tax rate is a matter...
There is no magic formula to determine the amount of life insurance you will need. However, you can make a reasonable estimate if you consider your present financial situation and...
Many people think bankruptcy is a cure-all for their debts. In many cases, however, this is not the case. Yes, the money you pay on your tax debt is unique, and you will have to deal...
Posted by Taxes Made EZ Inc on 07/16/2020
There are many ways to resolve taxes that tax professionals can use to help their clients at the state, local, and federal levels. Tax agencies offer a variety of these tax resolution...
Posted by Taxes Made EZ Inc on 06/15/2020
What Is the Standard Deduction?The standard deduction is a fixed dollar amount that reduces your taxable income. It's designed to simplify the tax-filing process and provides a...
Posted by True Tax Service on 10/26/2023
Single (Filing Status: "Single"):Definition: You can file as single if you are unmarried, divorced, legally separated, or widowed.Advantages: May be eligible for certain...
Posted by True Tax Service on 10/23/2023