Even after your retirement, whether it's likely to happen soon or several years from now, you may end up paying the IRS a substantial amount of tax. And what's more, those...
Tax time is on the rise, and if you collect information on health costs, you may wonder whether hospitals pay taxes and how health taxes differ from industry taxes. The answer is a...
Posted by Advanced Accounting & Tax Planning on 08/02/2019
The Internal Revenue Service recently announced new, higher commitment limits for health savings account from 2020. HSAs are the ideal approach to save having a three-fold tax effects...
Posted by John Pournaras Agency on 07/29/2019
Your taxes are affected when you buy health insurance, and when you don’t. Despite the source of your health insurance either through an employer or the Health Insurance...
Posted by Advanced Accounting & Tax Planning on 07/25/2019
Are you a new parent? Then you may want to consider these financial stepsIs there any addition in your family members or anyone you know? It is easy for new parents to overlook some...
Posted by YourIRSTaxAdvocate.com on 06/25/2019
A new, higher contribution limits for health savings accounts for 2020 has been announced by the Internal Revenue Service recently. To save courtesy of Uncle Sam, HSAs are the best...
Posted by YourIRSTaxAdvocate.com on 06/25/2019
Form W-2 is the statement you provide employees after the end of each year, with information on their gross pay, Social Security and Medicare pay, federal and state income tax withholding,...
Posted by Flynn Financial Group Inc on 04/09/2019
IRS has currently released its draft of the new federal tax Form 1040 which every US taxpayer would use in order to file tax returns of the year 2018. Also, as hoped, this new federal...
Posted by ALJ Business Services,LLC on 10/26/2018
Health savings account is an account which limits the medical expenses of people. As compared to health insurance policies, health savings account is much more preferable in terms...
Posted by Advantage Tax Service on 07/31/2018