Have you ever found money in a jacket or pants that you haven't worn in a while? Isn't that awesome? The amount of money you don't know you have can help you with a future...
Posted by The TaxAdvocate Group, LLC on 03/05/2021
Companies can reward their financial investors by paying dividends to shareholders. Certain dividend income may benefit from special tax treatment per the applicable tax code. This...
Posted by Unifirst Financial & Tax Consultants on 02/28/2021
All employers are expected to pay their taxes and send in taxes from their employees' wages. Employment taxes come in various types, and the employer will have to withhold, file...
Filing requirements can go on and on, and nothing is more frustrating than paying a fine that could have been avoided.Take a few minutes to record all the relevant filing dates in...
Posted by Thomas G Kinsella, ATP on 01/30/2021
Debt cancelation is a problem that often arises at tax time and something every taxpayer should understand. Many people are relieved to be at the end of a long debt battle, only to...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 01/07/2021
There are subtle variations between what is considered an IRA transfer and what is considered an IRA rollover. Important to know – with either one for the rollover to be tax-free,...
Posted by Income Taxes and Bookkeeping LLC on 01/07/2021
The IRS deals with foreclosure as well as the sale of a property. It was already yours, and you no longer own it, so you could end up paying taxes on a mortgaged property. The event...
Posted by Carmen Garcia on 12/26/2020
Traders can enjoy significant tax savings and here are some rules that the IRS checks before qualifying traders.Hours: It would help if you spent at least four hours per day trading...
Posted by Don Bell Law on 12/20/2020
The IRS expects that all income be reported on an income tax return and may otherwise result in financial penalties and sometimes criminal penalties. However, most penalties can be...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 12/20/2020
