The increasing number of people going through financial stress gave birth to financial therapy, the merging of finance with emotional support to help people cope with the stress. To...
Posted by Flynn Financial Group Inc on 07/26/2019
The 2017 tax law's cap on the state and neighborhood tax deduction has been a standout amongst the most polarizing components of the government update, and the IRS could before...
Posted by Debi G Hill, CPA on 07/25/2019
As you are probably aware, the large proportion of your income is taxable. Whether earned through a salary, hourly wages, tips, commissions, rent from a property that you lease or...
Posted by Elliot Kravitz, ATP on 07/25/2019
Nonprofits envelop a wide range of entities. Many may relate not-for-profits with 501(c)(3) philanthropies, for example, the Salvation Army. However, there are various kinds of nonprofits...
Posted by Advanced Accounting & Tax Planning on 05/29/2019
When it comes to tax treatment, there is a difference between unreimbursed business expenses for partners and S corporation shareholders. Also known as ordinary and necessary expenses,...
Posted by Elliot Kravitz, ATP on 04/17/2019
Required Minimum Distribution (RMD) This is the amount that retirees over age 70 must withdraw from deferred tax plans such as IRAs and 401 (k) and (b) 403. The rules of the RMD are...
Posted by Global Accounting on 04/09/2019
Planning your Finance is a continuous endeavor that looks at your objectives, circumstance, and funds to decide whether and how these objectives can be met. It is a product-oriented...
Posted by Valderas Financial Solutions LLC on 04/09/2019
By and large, debt that is canceled or forgiven by a moneylender is viewed as taxable earnings by the IRS and must be incorporated as salary on your return form. Instances include...
Posted by ERICHSEN KALLSEN & ASSOCIATES CPAS LLP on 03/08/2019
All around the world, December is the month when everyone exchanges or gives gifts to others. Some employers also give end of year bonuses to their employees as a reward for their...
Posted by Valderas Financial Solutions LLC on 12/13/2018