What is a Yield Curve?This (a yield curve) is a line that plots the yields (interest rates) of bonds of the same credit quality but with different maturity dates. The yield curve slope...
Posted by Rosovich & Associates, Inc. on 10/24/2021
You open an individual retirement account known as an inherited IRA on inheriting a tax-advantaged retirement plan like an IRA or 401(k). The heir needs to transfer such assets from...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/24/2021
Many people would love to withdraw early from their 401(k) since they feel it is their money. However, some rules make this a bad idea. 401(k) exist in two types – Roth...
Posted by Pat Raskob on 06/11/2021
Many people struggle to find the funds they need to build up their retirement savings. Fortunately, a non-refundable tax credit, called a retirement savings contribution credit, can...
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...
Amid all the cautionary advice to prevent students from borrowing too much money to pay for their university education, one bit of good news may go unnoticed: interest paid on student...
The 2019 Tax season is now fully operational, but that has not made it too late to check out some tax strategies that may reduce your tax bill for 2018. It is not surprising; many...
Posted by Accounting Advantage, Pa on 05/29/2019
The student interest deduction is a tax deduction of the interest paid on a post-secondary education loan during the fiscal year in the United States, the amount of the lowest deduction...
Posted by Global Accounting on 04/09/2019
Sometimes students know that they want to do investment. They know they need to do investment. However, to be honest, do they even know how to invest? Who should they trust? Should...
Posted by Abundant Returns Tax Service on 09/25/2018