All businesses have to pay different types of taxes, some easier to understand than others. Corporate taxes are of different types: federal, state, and local.There are also different...
Posted by Abundant Wealth Planning LLC on 03/28/2021
A step-up in basis can help you save a lot of money at the time of taxation. The term refers to income tax and capital gains and can save you a lot of money if you decide to sell an...
Posted by Daniel P Vigilante CPA and Profit Consultants on 03/28/2021
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...
Posted by Don Bell Law on 03/28/2021
Suppose you have an investment property, such as a house, apartment, condominium, or commercial property that you rent out. In that case, you usually have to pay capital gains tax...
Posted by James Financial Services Inc on 03/19/2021
When a city, state, or county raises funding for state projects by issuing debt security, it is called municipal bonds. Common projects under such categories are road construction,...
Posted by Karen Munoz, EA on 03/18/2021
The regulations prohibit certain N.R.C. (Nuclear Regulatory Commission) employees and their spouses and minor children from holding securities issued by entities appearing on the most...
Posted by International Tax Consultants, LLC on 03/01/2021
Whenever an asset is sold for profit, there is a net gain. As a result, selling a stock for $200 even if you bought it for $150 gives a capital gain of $50.The rules with selling a...
Posted by McCool's Tax Service on 02/23/2021
When there is an installment sale for the purpose of tax, the payment for the property sale spans more than one tax year. This was one of congress's actions, which allows taxpayers...
Posted by KLSM CPA Firm PLLC on 02/17/2021
There are many ways in which sales compliance form applies, and one of them is the Use Tax. It is one of the terms common when applying for a sales tax permit in any state or accessing...
Posted by Tucker Accounting Services LLC on 02/16/2021
