Maximizing your Individual Retirement Account (IRA) each year is a smart move when increasing your pension fund. But paying too much money can result in a tax penalty. Many taxpayers...
Posted by The TaxAdvocate Group, LLC on 01/21/2022
As a small business owner, you are certainly not the only one if you have difficulty calculating withholding tax. It's complex and can be very costly, but we're here to help...
Posted by BEST FINANCIAL GROUP LTD on 01/09/2022
When the end of the tax year rolls around, and taxpayers in the U.S start to think of filing their tax returns, the form 1040 is the go-to form. There are some variations to it, however....
Posted by Income Taxes and Bookkeeping LLC on 01/01/2022
If you have kids or other dependents under the age of 17, you may be eligible for the child tax credit. It was extended as part of the American rescue plan, which was signed by President...
Posted by Dennis Jao on 01/01/2022
Student loan interest deduction talks about an income tax deduction that gives borrowers the capacity to remove up to $2500 on the interest they paid on a student loan that qualifies...
Posted by Rosovich & Associates, Inc. on 12/27/2021
An OIC (Offer in Compromise) is a payment option that the IRS makes available to taxpayers. It enables you to pay off your tax debt without "going bankrupt" or "breaking...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2021
The TCJA (Tax Cuts and Jobs Act of 2017), PL 115-97, made many important changes to the Internal Revenue Code. Among the many changes to the Code, there is a provision on costs associated...
Posted by Taxes Made EZ Inc on 12/10/2021
In the United States, an engagement ring indicates an engagement between two partners and indicates one's intention to marry later. Because engagement rings are often made of metals...
Posted by Tiffany Gaskin on 12/10/2021
A sole proprietorship is a business run by one owner. It is unique for several reasons:A sole proprietorship does not require to be registered in your state.There is no separation...
Posted by BEST FINANCIAL GROUP LTD on 11/30/2021
