In general, all salaries and other compensation for services rendered in the United States are believed to be from sources located in the United States. The place where the personal...
Posted by The TaxAdvocate Group, LLC on 01/09/2022
Adoption is a good thing. However, most Americans think that the adoption process is a bit difficult and expensive. It is due to the fees and responsibilities associated with the adoption...
Posted by Tiffany Gaskin on 01/09/2022
Estate and Trust are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in different critical ways. Estates make a single transfer of...
Posted by Taxes Made EZ Inc on 12/27/2021
What are restricted funds?In the non-profit sector, restricted funds refer to a cash reserve that can only be used for specific projects or purposes. Funds may be restricted because...
Posted by BEST FINANCIAL GROUP LTD on 12/27/2021
Since 1955, tax days in the United States have fallen on similar days with a few exceptions. Even though Uncle Sam was lenient enough to take the pandemic into account and extend the...
Posted by Tiffany Gaskin on 12/27/2021
The Restructuring and Reform Act of 1998 marked a change that mandated Uncle Sam to adjust how it treated taxpayers. Uncle Sam must fully communicate with taxpayers and grant them...
Posted by Karen Munoz, EA on 12/18/2021
Joint filing has its benefits, and that is why most couples opt for it. But, just as there are benefits to filing jointly, it also comes with its downsides. This often takes the form...
Posted by Rosovich & Associates, Inc. on 12/18/2021
When you change your location, many entities need to be updated on such status changes – credit card firms, fitness memberships, magazine subs, etc. There is a big probability...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/10/2021
Applying for a tax extension using Internal Revenue Service Form 4868 requires the Internal Revenue Service (IRS) to give you more time to file your tax return.An extension changes...
Posted by The TaxAdvocate Group, LLC on 11/30/2021
