In 2020, the I.R.S. processed over 3.5 million compliance activities. These activities occur when the I.R.S. thinks something is wrong with a tax return. They include:Automated under...
Posted by Abundant Wealth Planning LLC on 11/17/2022
The 401(K) plan is what most Americans use to gather money. The form comes with a quarterly account statement. However, to successfully manage your 401(K), you must understand the...
Posted by Tiffany Gaskin on 11/17/2022
Being self-employed comes with a lot of tax advantages. Aside from tax advantages, it enables you to work as much as you want, doing what you want and when you want. There's no...
Posted by Dennis Jao on 11/10/2022
Small businesses usually run into problems because of the IRS Trust fund. The money held by the employer in trust is used to pay the employee’s Social Security and Medical taxes....
Posted by KLSM CPA Firm PLLC on 10/26/2022
Knowing how to pay off debt quickly when you are self-employed is difficult. You have no idea where to start or what strategies will work.Your income is everywhere, and you don't...
Posted by Tiffany Gaskin on 10/16/2022
Handling divorce and everything that concerns the situation is never easy, so the tax implication will likely be the last thing on your mind. Divorce affects a person emotionally,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/07/2022
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
Early withdrawal has a downside to your retirement account. Retirees can take up to 100,000 dollars from their account as of 2020 tax-free. However, the 100,000 dollars is placed per...
Posted by Rosovich & Associates, Inc. on 09/27/2022
It is no secret that the modern economy has changed the employment relationship between workers and companies. Many companies have responded to cost pressures by changing how they...
Posted by Taxes Made EZ Inc on 09/10/2022
