An early refund anticipation loan (RAL) is a loan that anticipates a person's tax return. The loan is an amount equal to the federal income tax refund and is repaid with a refund....
Posted by Fletcher Accounting and Tax Service Inc. on 03/27/2020
The Social Security Administration will send annual benefit claims to American workers for the first time in three years. This is good news, as the statements provide a useful projection...
Posted by Unifirst Financials & Tax Advisors on 03/27/2020
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...
Posted by Flynn Financial Group Inc on 03/27/2020
After working with many small and medium business owners, there is a common trend I have noticed. It is the fact that their desire to go into business was not to add the burden of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 03/27/2020
Partners need to examine and review their operating agreement for them to effect the new audit rules. As of the 2017 tax year, the IRS examined tax returns from a partnership...
Due to the 2015-32 revenue procedure, only 401K late applicants via Form 5500-EZ received automatic exemption from IRS registration fees under 6652 (e) and 6692 of the Internal Revenue...
Posted by JG Tax and Financial Services on 02/27/2020
Going to college seems to be more expensive each year. The preparation, schooling, internship, and accommodation of a student attending a four-year public establishment cost a fortune....
Posted by Abundant Wealth Planning LLC on 02/27/2020
The Internal Revenue Service (IRS) expects that all income be reported on a tax return and, if not, can result in fines and sometimes penalties. However, most fines can be suspended...
Posted by Larry Kenneth Hurt on 02/25/2020
What is the TCJA charge against base erosion and anti-abuse tax, and how does it work?Base-Erosion and Anti-Abuse Tax (BEAT), a new tax under the Tax Cuts and Job Acts (TCJA), limits...
Posted by Elliot Kravitz, ATP on 02/25/2020
