Final regulations were issued by the Treasury and the Internal Revenue Service (IRS) to implement the base erosion and anti-abuse tax or BEAT. A series of important proposed regulations...
Posted by Fletcher Accounting and Tax Service Inc. on 02/25/2020
In relation to income tax, once a company’s eligible expenses surpass its taxable income during the tax period it becomes an NOL or the Net Operating Loss. Most companies usually...
Posted by Fletcher Accounting and Tax Service Inc. on 02/25/2020
Picking the wrong insurance plan for you and your household could come with grave consequences. As a result, we hope that this article will hold your hands and guide you towards making...
Posted by Premier Accounting & Tax on 02/18/2020
The IRS has announced the 2020 standard mileage rates for commercial, medical, and other users of a car and the 2020 vehicle values that limit the application of specific rules to...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
A 1035 Annuity Exchange is a rule in Section 1035 of the Internal Revenue Code that allows the exchange of life or tax policies for a differed annuity contract that best suits the...
Posted by YourIRSTaxAdvocate.com on 02/15/2020
When your business expenses are more than your income, trading loss occurs. While income loss might occur at any time, many things could be responsible. Claiming your tax refund against...
Posted by Fletcher Accounting and Tax Service Inc. on 02/14/2020
A lot of professionals have tried to figure out the effect of the new tax laws on retirees. We will explain this with the following points:Some 401(K) Plan Borrowers get ReliefAccording...
Posted by Fletcher Accounting and Tax Service Inc. on 02/14/2020
General Liability InsuranceIt is necessary for all types of business including home-based to acquire liability insurance. Liability insurance offers protection and compensation in...
Posted by Fletcher Accounting and Tax Service Inc. on 01/30/2020
Starting January 1, 2020, the new standard mileage rates for use of a car, van, pickup or panel truck will be implemented. The new mileage rates that have been issued by the Internal...
Posted by Fletcher Accounting and Tax Service Inc. on 01/30/2020
