Choosing the right type of entity is a multifaceted analysis. It necessarily depends on a variety of factors, including business objectives, type of business, desire for liquidity...
Posted by Unifirst Financials & Tax Advisors on 09/21/2020
There are two ways a business can make or lose money. You can profit from your sales activities or lose money by spending more than what you earn from sales. You can also earn or lose...
Posted by Dennis Jao on 09/18/2020
For people with substantial medical bills that the insurance plan cannot take care of, there might be some relief when you file your taxes. This article explores what you can claim...
Posted by James Financial Services Inc on 09/18/2020
Original issue discount (OID) occurs when companies sell securities at a reduced price. Sometimes bonds are sold at a value lower than the value declared at maturity; the difference...
Posted by Aurelia E Weems CPA on 09/18/2020
A Health Savings Account us usually set up for the sole benefit of servicing the qualified medical bills of the beneficiary. An HSA is usually established only for the benefit of the...
Posted by BEST FINANCIAL GROUP LTD on 09/18/2020
It is critical to understand these dividends as your approach will significantly affect your taxes, and ultimately the ROI, return of your investment. The ultimate goal of all investors...
Posted by Larry Kenneth Hurt on 09/18/2020
The dividend is one of the primary ways in which companies communicate their financial health and shareholder value. By distributing the profits, companies are announcing a positive...
Posted by The TaxAdvocate Group, LLC on 09/18/2020
The CTC (Child Tax Credit) is intended to increase the income of parents or guardians of children and other dependents. It only applies to dependents under 17 years of age on the last...
The coronavirus has affected all aspects of our lives, including our tax obligations. In addition to extending the 2019 annual fee filing deadline, the estimated quarterly fees'...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 09/15/2020
