A blockchain is an improved database containing records of transactions stored in an unaltered ledger. It makes transactions easy to track since no one person has exclusive rights...
Posted by Pat Raskob on 05/10/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
or everyone who needs help filing their taxes, this is a reliable checklist that can direct you towards the right person. Many people love working with a tax preparer to ease...
Posted by Income Taxes and Bookkeeping LLC on 06/18/2021
What is an FSA (Flexible Spending Account)?A Flexible Spending Account is a type of savings account that provides specific tax benefits to the account holder. An FSA sometimes referred...
Posted by BEST FINANCIAL GROUP LTD on 12/26/2020
Form 1099-MISC (miscellaneous income) is an IRS form that taxpayers use to report non-employee compensation. This is generally a commercial payment, not a personal payment.Freelancers,...
Posted by Dennis Jao on 12/12/2020
The environmental outcomes of the electricity has been effective and many people have begun to rely on the solar panels wherein there are massive of the panels to offer energy to the...
Posted by BEST FINANCIAL GROUP LTD on 04/23/2018
What is a health expense reimbursement agreement (HRA)?A health reimbursement agreement (HRA) is an employer-funded plan that reimburses employees for eligible medical expenses and,...
Posted by Schneiderman and Friedman on 01/18/2021
In general, any form of military payment obtained while deployed to a combat zone is excluded from federal income tax. This translates into significant tax savings for the active combat...
Posted by Tucker Accounting Services LLC on 11/02/2020
The Internal Revenue Service recently published new, higher contribution limits for health savings accounts for 2021. An individual is allowed to contribute $ 3,600, while it is $...
Posted by Carmen Garcia on 10/15/2020
