For the vast majority of taxpayers, there is some good news coming in 2020. There will be an increase in the standard deduction. The increase is minimal though and you will not likely...
Posted by Unifirst Financials & Tax Advisors on 02/14/2020
Do you want to save thousands of dollars when filing for your 2019 taxes this year? A great time to look into saving strategies is the end of December and we’ll explain it the...
Posted by Unifirst Financials & Tax Advisors on 02/14/2020
A budget of sorts was produced by the Congress when the year 2019 ended. This country’s ever-distracted and dissipated representative bodies actually have this as a rare accomplishment....
Posted by Unifirst Financials & Tax Advisors on 01/30/2020
What is Tax Loss Carry forward?Tax-loss carry forward is defined as a rule that permits a taxpayer to carry over his/her tax loss incurred in the previous year and use this as a deduction...
Posted by Unifirst Financials & Tax Advisors on 01/30/2020
You have to remember the basic tax planning for 2020 even if we are all super busy in January. Key numbers in many tax-law provisions are adjusted for inflation at the start of each...
Posted by Unifirst Financials & Tax Advisors on 01/30/2020
If you need a good plan to save money on your kid's education, a 529 plan is a good option. Since the tuition fee seems to be rising every year, it is essential to make alternative...
Posted by Unifirst Financials & Tax Advisors on 01/30/2020
Payday loans have become the face of bad loans in the United States for a reason: the average interest rate with an average payday advance is 391% that is if you pay back in two weeks!If...
Posted by Unifirst Financials & Tax Advisors on 12/29/2019
The Internal Revenue Service (IRS) has proposed a potential benefit for the wealthy taxpayer, stating that people who give many gifts to their heirs as part of a generous but temporary...
Posted by Unifirst Financials & Tax Advisors on 12/29/2019
The end of the year means a lot for small businesses. It is the time to start contemplating what you want to accomplish next year and work on your formal goal-setting process. You...
Posted by Unifirst Financials & Tax Advisors on 12/29/2019
