For people that have worked for decades, it is possible to see their retirement on the horizon. Everyone who wishes to retire within the next ten years needs to consider some steps...
Posted by KLSM CPA Firm PLLC on 10/18/2021
Every new retiree should ensure that they take full advantage of all tax breaks they get, especially if they are on a fixed income. Don’t forget that you need to confirm your...
Posted by Karen Munoz, EA on 09/20/2021
What Are Medicare Savings Programs?If your family's income and resources fall below certain levels, you may be eligible for one of five federally funded programs to help pay for...
Posted by KLSM CPA Firm PLLC on 09/09/2021
The designation of a power of attorney is a crucial aspect of any succession plan. After all, it allows someone to make medical, financial, and other decisions in your life if you...
Posted by Dennis Jao on 08/24/2021
Medical expenses can be deducted from the federal tax return as long as they exceed 10% of gross annual income. Most people are familiar with the usual medical bills you can afford...
Posted by James Financial Services Inc on 08/15/2021
Musicians are sometimes in the news for one tax case or the other, which can be embarrassing as it is viewed as a dent in their career. From composers to teachers of music, performers,...
Posted by Dennis Jao on 07/31/2021
For people worried about retirement payment, it is essential to examine the pros and cons of an annuity.An annuity is a type of insurance that gives payment. There is a payment that...
Posted by KLSM CPA Firm PLLC on 07/24/2021
With the new tax law raised in 2018, the standard deduction amount nearly doubled and with this, the number of taxpayers that itemize has reduced. This was a significant decrease from...
Posted by The TaxAdvocate Group, LLC on 07/17/2021
The 2017 Tax Cuts and Jobs Act (TCJA) was one of the most sweeping tax code revisions in decades. Most of its provisions came into effect on January 1, 2018, and most of the changes...
Posted by Unifirst Financial & Tax Consultants on 07/06/2021
