When you earn from selling an asset, such as a business, land, or stock, you may be subject to capital gains tax. Capital gains can be taxed at the same rate as ordinary income, up...
Posted by James Financial Services Inc on 08/11/2022
Can I contribute to more than one pension plan? This is a day-to-day question for people who have more than one job or run their own part-time business. Many workers in this condition...
Posted by BEST FINANCIAL GROUP LTD on 08/11/2022
Federal tax returns are required to file the FAFSA (Free Application For Federal Student Aid). The federal government uses the information on the tax return to investigate a family's...
Posted by Abundant Wealth Planning LLC on 07/31/2022
Understanding how to plan for retirement doesn't have to be difficult. The various available retirement plans are easier to comprehend than you might think, although each has its...
Posted by KLSM CPA Firm PLLC on 07/31/2022
Many people believe that "estate planning" and "succession planning" are two ways of saying the same thing. In reality, however, they are separate processes with...
Posted by Dennis Jao on 07/31/2022
Did you know many military members and their family members can get a tax deferral extension? In several cases, the extension is automatically granted, and some people may even receive...
Posted by Dennis Jao on 07/18/2022
After years of saving, you've built up a solid savings fund in your tax-supported retirement accounts. However, you cannot leave this money untouched indefinitely. After reaching...
Posted by James Financial Services Inc on 06/24/2022
Selling a small business or company means income, and income denotes taxes. But how you structure your business can make a big difference in how much of the money gotten from the sale...
Posted by BEST FINANCIAL GROUP LTD on 05/22/2022
You would be amazed to know the massive difference in the taxes you can save if you plan better. Tax planning is the process of ensuring that all the factors that can reduce your taxes...
Posted by Tiffany Gaskin on 05/22/2022
