On November 2, 2015, President Obama signed the Bipartisan Budget Act (B.B.A.) of 2015, which included a new federal audit regime for businesses and entities classified as a partnership...
Posted by Dennis Jao on 09/10/2022
As retirement approaches, 60-plus-year-old women often feel financially insecure. Planning for retirement is demanding enough, but women face additional challenges. A longer life,...
Posted by Dennis Jao on 04/30/2022
Here are tips on how to prevent criminals from accessing your Social Security number.Once potential identity thieves see your Social Security number, there is no way to keep your Social...
Posted by Pat Raskob on 08/06/2021
Uncle Sam will not come against you with its host if you file your tax after the tax day. However, you can reduce your penalty by getting it right and avoiding errors, especially when...
Posted by Tiffany Gaskin on 08/06/2021
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
The legislators have been pursuing for a considerable length of time to allow seniors a touch of some breathing room at tax time, and the Bipartisan Budget Act of 2018, at last, made...
Posted by Advanced Accounting & Tax Planning on 10/23/2019
You may hear people being monotonous about how they are spending almost nothing so that they can retire at a young age, most likely 30. They are bragging how thrifty they were so they...
Posted by Accounting Advantage, Pa on 05/20/2019
As your tax preparer certainly knows, the average American pays around $10,489 annually on taxes (roughly, 14% of their household income). Why succumb to this alarming tax statistic,...
Posted by Valderas Financial Solutions LLC on 09/24/2018
Code Section 901: According to this code section if a U.S Citizen, a resident alien or a domestic corporation pays foreign income taxes it can claim credit for it when filing...
Posted by The Accounting and Tax on 11/19/2014
