T-bond or treasury bonds are debts that the US FG issues to raise money. Buying a US treasury bond is like lending money to the government. You will be rewarded with a fixed interest...
Posted by James Financial Services Inc on 01/31/2022
Every military member, federal employee, or anyone with access to the FG's Thrift Savings Plan could be lucky. If appropriately managed, it is a terrific investment portfolio and...
Posted by Abundant Wealth Planning LLC on 01/27/2022
There are several college savings plans with 529 plans as one of them. It comes with a series of tax benefits and can allow you to build your kid's college funds with time. In...
Posted by Rosovich & Associates, Inc. on 06/18/2021
While there are many ways you can save for college, these various strategies are not equal. You get some particular tax advantages with the best savings channel, provided you use the...
Posted by Taxes Made EZ Inc on 06/11/2021
People traveling regularly for business will probably incur costs such as lodging, meal, and other miscellaneous expenses, which brings in per diem payments. This is the reimbursement...
Posted by KLSM CPA Firm PLLC on 01/30/2021
The tax day is around the corner, and it is not too early to start preparing your documents for Uncle Sam. This is a really busy time for accountants and tax professionals since they...
Posted by Pat Raskob on 01/30/2021
What is a combat zone?A combat zone is designated as a war zone for a specified period with the aim of reporting to the Internal Revenue Service by military personnel. While serving...
Posted by Flynn Financial Group Inc on 12/19/2020
In general, any form of military payment obtained while deployed to a combat zone is excluded from federal income tax. This translates into significant tax savings for the active combat...
Posted by Tucker Accounting Services LLC on 11/02/2020
Taxes that you did not pay for years are called back taxes. These taxes are due for at least a year and come with interest and penalties until paid. Many people owe back taxes and...
Posted by Elliot Kravitz, ATP on 07/09/2020
