The benefits of self-employment are many, but there is at least one significant disadvantage: the absence of an employer-sponsored pension plan, such as 401 (k).Enter the Solo 401...
Posted by John Pournaras Agency on 11/13/2019
Parliamentarians have been trying for years to slightly give the seniors a bit of break at the time of taxation, and the 2018 bipartisan Budget Act has finally taken a decisive step...
Posted by John Pournaras Agency on 10/29/2019
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
More people are choosing to work from home with the rising influence of computers and information technology in the workplace. Working from home allows you to deduct home office expenses...
Posted by Elliot Kravitz, ATP on 09/30/2019
Tax time can get a more significant number of cerebral pains a few years than in others. Peradventure you've as of late separated from your companion or were divorced, you're...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 09/25/2019
Few out of every odd TAXPAYER CAN claim the earned personal tax credit, yet for the individuals who can, it can give a considerable tax break. The earned annual tax credit, or...
Posted by John Pournaras Agency on 08/28/2019
At the birth of the child, this child becomes dependent on his taxes. It does not matter if the child were born on January 1st or December 31st at 11:59 pm As long as your child came...
Posted by Valderas Financial Solutions LLC on 08/28/2019
A taxpayer who adopts a child may meet all requirements for the adoption tax credit. People qualify for the adoption tax credit they adopted a ward and paid out-of-pocket costs identifying...
Posted by Debi G Hill, CPA on 08/26/2019
Peradventure you are indebted to the IRS and can't pay, you might be qualified to defer making payments on past-due personal income taxes. To meet all requirements for deferral,...
Posted by Valderas Financial Solutions LLC on 07/26/2019