New tax bill with significant reforms is out and taxpayers must expect numerous changes in 2018. Deductions for high standard, decrease tax rates and child higher tax credit for families...
Posted by Tax Solutions & Accounting Services on 05/16/2018
You are not really positive that why IRS may be doing this process, then its miles better than you check with the tax preparer who let you recognize the criteria of IRS. It’s...
Posted by P Sinaly CPA PC on 03/26/2018
Any property or asset which a person owns is considered as his/her estate. All the estate is distributed among the people who inherit it after the death of the person. If the person...
Posted by Jakusovas & Company on 03/08/2018
A Roth IRA conversion is an appealing prospect to many people. If this applies to you, it is possible to do this in 2017, without fretting about tax code changes. If the rate of tax...
Posted by Lone Star Tax Group on 12/20/2017
If you’re leaving your job and you have a retirement plan (other than a defined benefit (pension) plan), you generally have four options for your account balance:1. Leave your...
Posted by Emelia Mensa CPA on 01/18/2017
When most of taxpayers think of trusts, they typically are associated with those high income earners and not the average middle class family. Yet trusts can provide a vast number of...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
Saving tax dollars is an art. Filing taxes in time can save you from penalties. Making timely tax installments can also save you from penalties. In Canada, personal tax return is...