The economic impact of coronavirus can particularly affect retired people on fixed incomes. Retirement accounts have lost value, and savings accounts are likely to earn even less interest...
Posted by Unifirst Financials & Tax Advisors on 05/14/2020
The Small Business Administration (SBA) Program for the EIDL (Economic Injury Disaster Loan) can provide up to $ 2 million in financial support to small businesses and private non-profit...
Posted by Unifirst Financials & Tax Advisors on 05/14/2020
Did you make an error on a tax return you already filed in the previous year? Or, did you come across new information include tax deductions or credits you didn’t know you qualify...
Posted by Unifirst Financials & Tax Advisors on 04/27/2020
Medical costs can slightly reduce one's budget, especially in the event of an unforeseen emergency not fully covered by insurance. The Internal Revenue Service grants taxpayers...
Posted by Unifirst Financials & Tax Advisors on 04/20/2020
Most of the time, several plaintiffs who win or settle a lawsuit are dazzled to know that they owe some taxes. Few of them will only know about the owed tax not until the subsequent...
Posted by Unifirst Financials & Tax Advisors on 04/03/2020
The Social Security Administration will send annual benefit claims to American workers for the first time in three years. This is good news, as the statements provide a useful projection...
Posted by Unifirst Financials & Tax Advisors on 03/27/2020
Tax credits for other dependent is a way in which extended families and other nonrelatives can get tax credits. My dad is well-to-do but still depends on me at times. Last week, for...
Posted by Unifirst Financials & Tax Advisors on 03/27/2020
What are Accumulated Earnings?Since the inception of the company, the sum of a company’s profit, after dividend payments is called accumulated earnings. It is also known as earned...
Posted by Unifirst Financials & Tax Advisors on 02/25/2020
Missed DeadlineYou will be liable for taxes and penalties if you fail to accomplish the deadline for rolling over an IRA distribution to another IRA or other qualified retirement plan....
Posted by Unifirst Financials & Tax Advisors on 02/25/2020
