Spousal benefits for social security are very confusing. One main reason for the confusion is different social security ruling for a spouse and ex-spouse. The other is the outcome...
IRS lacks funds and employees and that is the reason why most of the tax returns are being ignored. However, according to a report from Kiplinger, if you have foreign assets, income...
Posted by Abundant Wealth Planning LLC on 04/03/2020
Breaking Down PayrollPayroll, in the most basic mean, is a company’s list of employees. However, it is also commonly used to refer to:The calculation and distribution of paychecks...
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
Many companies do not earn money, especially during the first year of operation. When this happens, the IRS offers entrepreneurs tax benefits in the form of a net operating loss (NOL)....
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
In 2015, Congress adopted a centralized audit regime for the partnership (the partnership audit rules) that assesses and collects federal taxes due to a partnership-wide audit entity....
Posted by Elliot Kravitz, ATP on 02/25/2020
The beginning of this year’s tax season will be this coming Monday, January 27, 2020, as said by the IRS (Internal Revenue Services). When can we get our tax refund? A question...
Posted by Flynn Financial Group Inc on 02/25/2020
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 Charlene Zach on 02/18/2020
