Tax returns can be overwhelming, so if you're wondering how to file your taxes online or on paper for 2021, here's a tip sheet on how to file taxes and how to make it easier.While...
Posted by The TaxAdvocate Group, LLC on 09/26/2021
An LLC (limited liability company) is a form of business organization recognized by all states. Forming an LLC provides limited liability protection to owners (called "members")...
Posted by Abundant Wealth Planning LLC on 05/07/2021
What is Form 1040-SR: Tax Return for U.S Seniors?If you are 65 or older (or turned 65 in 2020 or after), you will have the option of using a new, simple tax form for seniors, known...
Posted by The TaxAdvocate Group, LLC on 02/23/2021
Everyone wants to save on taxes, and older Americans are no exception. If you're over 50, here are some tax tips that can help you get there.The standard deduction for the elderly: If...
Posted by Dennis Jao on 02/23/2021
Going to university to broaden your horizons is interesting, but funding your studies with scholarships? It's even better. Scholarships often offer an educational path that would...
Posted by Tiffany Gaskin on 12/31/2020
Finally, the Bipartisan Budget Act of 2018 took a firm step on cutting seniors a bit of a break at tax time by simplifying tax filing for individuals aged 65 and older. They now have...
Posted by Unifirst Financial & Tax Consultants on 10/25/2019
IRS Form 8949 is a tax form used primarily to report sales and trade of capital goods. Form 8949 is filed alongside Schedule D of the income tax form.What is IRS Form 8949?Form 8949...
Posted by Don Bell Law on 03/19/2021
After you retire from the military, filing taxes may seem less complicated than when you were still in service, but veterans can still benefit significantly from the tax code. To...
Posted by Flynn Financial Group Inc on 02/28/2021
Many eligible citizens got an advance payment of the Recovery Rebate Credit, a program authorized and scheduled by the Coronavirus Aid, Relief, and Economic Security (CARES) Act. People...
Posted by Accurate Books And Tax on 02/16/2021
