Real estate investors looking to maximize their profits while minimizing their taxes should consider a like-kind exchange, also known as a 1031 exchange. This strategy allows investors...
Posted by Pat Raskob on 04/27/2023
Student loan wage garnishment is a legal process in which a portion of a borrower's salary is deducted directly from their paycheck to repay defaulted student loans. This can significantly...
Posted by Dennis Jao on 02/22/2023
Higher education is one of the biggest investments of your life, and graduate student debt can last for decades. Many graduates leave school with more than $70,000 in debt, according...
Posted by Dennis Jao on 09/27/2022
In paying off student loans, one can use many approaches. While a borrower might consider a repayment plan hinged on income to take care of their monthly bill, another might consider...
Posted by KLSM CPA Firm PLLC on 09/03/2021
The CARES (Coronavirus Aid, Relief, and Economic Security) Act establishes many major loan and tax exemption programs to help tribal-owned businesses stay afloat and retain their employees...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 08/15/2021
Thrift savings plans are accounts mostly opened by federal employees; it is a contribution that involves consistency and helps you to choose the right fund that helps you to build...
We all want to reduce what we send to Uncle Sam. For seniors age 65 and above, we discuss essential tax tips that can help them err on the side of caution:Seniors and Standard Deductions As...
When there is an installment sale for the purpose of tax, the payment for the property sale spans more than one tax year. This was one of congress's actions, which allows taxpayers...
If you are overwhelmed with student loan debt, there may come a time when it will be difficult for you to move forward. You make payments as at when due, but you are not even close...