The Internal Revenue Code is configured to offer numerous tax reductions to individuals and businesses. Even the IRS recognizes that you have to save money to live and manage your...
On December 20, 2019, President Trump enacted the SECURE (Setting Every Community Up for Retirement Enhancement) Act. The main objective of the new law is to expand the possibilities...
Posted by Don Bell Law on 06/11/2020
In recognition of the vital work done by family caregivers, the Economic Security Project (ESP) aims to benefit from the reimbursement of the cost of living, an extension of the tax...
Posted by Advanced Accounting & Tax Planning on 04/20/2020
It is the financial responsibility of every homeowner to pay property tax. The revenue from this tax is essential to keep the community running and fund public projects, construct...
You can consider the basic idea of capital gains very simple: the net profit will be known as a capital gain if you sell an asset for more than you paid for it. For example, you get...
It is expensive to raise a child. And parents, many times, find it challenging to get the money to take care of their kids. Tax season, however, provides a chance for parents to recoup...
Posted by Accountable Solutions on 02/21/2020
Each year, there is a change in corporate governance standards to evolve, with the rapidly changing corporate landscape and keeping pace with changing investor priorities.Board members...
The final regulations around the increased gift and estate tax exclusion amounts in effect from 2018-2025 has been issued finally by the Treasury Department and the Internal Revenue...
A business operated by an individual owner is what we will call a sole proprietorship. And, for several reasons, the sole proprietor is unique:You can just get started if you want...
Posted by Debi G Hill, CPA on 12/28/2019