No one is ever excited at the thought of paying taxes. Indeed, sending a portion of your earnings to Uncle Sam might not sit well with many. The consolation, however, is in the fact...
Posted by KLSM CPA Firm PLLC on 11/30/2021
A wealth tax, unlike income tax, is a tax paid annually on assets including property, real estate, cash in banks, investments, business interests, and whatever you have that is of...
Posted by KLSM CPA Firm PLLC on 06/18/2021
When comparing a partnership to an S Corp, it is important to consider the pros and cons of each, especially when it comes to creating the legal structure for your business. In addition...
Posted by Flynn Financial Group Inc on 06/18/2021
Paying taxes with a credit card presents a rare opportunity to get points if you use a credit card. While many employees only have to deal with taxes once a year (April 15), self-employed...
Posted by Karen Munoz, EA on 06/11/2021
As long as you repay such a loan fully, there is no need for income taxes on a personal loan. However, the forgiveness of any part of the loan or paying the loan for a lesser amount...
Posted by Karen Munoz, EA on 06/06/2021
Thrift savings plans are accounts mostly opened by federal employees; it is a contribution that involves consistency and helps you to choose the right fund that helps you to build...
As long as you are full-time Forex traders, you will enjoy some impressive tax advantages that ordinary market participants won't get. However, this qualification might be challenging....
A daycare is a licensed business that can enjoy tax deductions. Like other businesses, a tax deduction is a way to bring down your entire tax liability. What is a Business Deduction?Any...
One might desire to purchase a new house, and with money available, paying in cash might seem like the best option. While this appears promising, it is not always easy to decide the...