In the guide addressing COVID-19 (the disease resulting from the 2019 novel coronavirus), the I.R.S. has removed some barriers to testing and treating COVID-19 according to the Health...
Posted by Unifirst Financial & Tax Consultants on 10/21/2020
As of January 1, 2019, the new TCJA tax rules have impacted any U.S. spouse who has paid or received child support under a divorce or separation agreement entered into after December...
Posted by Unifirst Financial & Tax Consultants on 10/14/2020
This is a retirement plan recognized by the IRS in which investment income is accumulated with deferred tax. Common examples include individual retirement accounts (IRAs), retirement...
Posted by Unifirst Financial & Tax Consultants on 09/30/2020
When calculating the tax liability of securities holdings, investors should first consider the acquisition date they acquired those assets. This key information is essential in determining...
Posted by Unifirst Financial & Tax Consultants on 09/15/2020
Across the nation, hundreds of thousands of people turn 65 every day. More than half of these percentages do need some form of assistance and long term care. As a result, the market...
Posted by Unifirst Financial & Tax Consultants on 08/28/2020
With the growing popularity of Airbnb rental companies and other companies, more and more people are renting out their homes and finding a new set of tax issues that come with it....
Posted by Unifirst Financial & Tax Consultants on 08/20/2020
As the on-demand economy grows, being a delivery driver can be a great way to earn money, full time, or as a part-time job. Whether you work for companies like Amazon, UPS, or a new...
Posted by Unifirst Financial & Tax Consultants on 08/13/2020
A fringe-benefit is non-monetary compensation for work. The business can offer fringe benefits to employees, independent contractors, partners, and even owners.Some fringe benefits...
Posted by Unifirst Financial & Tax Consultants on 08/03/2020
The legislation, informally known as TCJA, limits the amount of net operating loss (NOL) used in any given year, allowing indefinite carry-forward. Considered as another revenue raiser...
Posted by Unifirst Financial & Tax Consultants on 07/23/2020
