Writing a will is stressful, but it's never a bad time to start estate planning. Whether motivated by age, circumstances, or sometimes guilt, estate planning is a necessary step...
Posted by Income Taxes and Bookkeeping LLC on 10/19/2021
What is an abandoned property?The abandoned property is unused property, an inactive account, or an asset that has been transferred to the state after several years of inactivity or...
Posted by Dennis Jao on 10/18/2021
Every investment opportunity is excellent for people who seek long-term and consistent returns, but real estate is in a class of its own. Real estate is a most profitable investment...
Posted by Abundant Wealth Planning LLC on 09/30/2021
Parents who want their kids to learn proper money management skills must have access to some money. Most gifts are limited in terms of their usefulness because toys will break, or...
Posted by Tiffany Gaskin on 09/26/2021
There exist two kinds of dividends, qualified and ordinary dividends. Ordinary dividends are taxed at the income tax rate, and qualified dividends are taxed at a lower special rate.As...
Posted by Jim McClaflin, EA, NTPI Fellow on 08/24/2021
The idea behind getting life insurance for many people is for their heirs to have enough sustenance and provision after their death. Many people desire for their family members to...
Posted by Karen Munoz, EA on 08/24/2021
If you want to sell your commercial income property, you’ve got to calculate your accurate tax basis. This move helps you avoid increased capital gains tax whenever the property...
Posted by Unifirst Financial & Tax Consultants on 08/06/2021
Real estate has long been seen as a safe investment, whether you are a homeowner, investor, or tenant. If you have the money, you can expand your portfolio in the luxury real estate...
Posted by James Financial Services Inc on 07/31/2021
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 on 07/24/2021
