Debt is not necessarily bad as it can either cause harm or help someone, depending on how it is used. This is not about going into high-interest debt but considering and leveraging...
Posted by KLSM CPA Firm PLLC on 09/26/2021
Also known as EITC or EIC, the Earned Income tax Credit is a refundable credit, meaning that if you owe no tax and you qualify, you will get the value of the credit. The idea is to...
Posted by Karen Munoz, EA on 09/03/2021
Starting a business in the United States as a foreigner can be a tad difficult, but the country makes it very easy to register your business and start a business. Learning English...
Posted by KLSM CPA Firm PLLC on 08/06/2021
You can receive income in the form of money, goods, or services. This section deals with several types of taxable and non-taxable income. It includes discussions on employee salaries...
Posted by Carmen Garcia on 07/06/2021
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
Would you allow tax laws to influence your decision to marry your partner? Many of us may not consider this, but some spouses consider the tax implications.Over the years, much has...
Posted by Flynn Financial Group Inc on 06/05/2021
Does the IRS take a large chunk of your cryptocurrency income? Maybe you traded one cryptocurrency for another at the right time and withdrew a lot of it in dollars, and now you have...
Posted by CORE PERFORMANCE on 05/29/2021
Dealing with a health crisis can be very challenging as it takes a toll on not just your physical but your mental health, and it can be costly. Regarding taxes, medical expenses are...
Marriage changes many aspects of your life. One of these is the tax filing process. Your marriage can affect your filing's status, of course, and the deductions and credits you...