Establishing your domicile is a critical aspect of your tax status. Domicile refers to the place where you have your true, permanent home, and it plays a significant role in determining...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/30/2023
Local and state governments sell municipal bonds to investors to help fund public projects like repairing a public park or building a new school. While municipal bonds pay tax-free...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/27/2023
When your spouse serves in the military, you've signed for a lifetime of sacrifice, service, and commitment. It's a lifetime of constant calls to service within and outside...
Posted by Pat Raskob on 02/28/2022
It is common for someone to live in one state and have employment in another state. In this case, one might need to file a nonresident tax return if they have earnings in a state they...
The payment of income tax is a reality. And when Uncle Sam says income, he is talking about all the money you make, whether it's from your job or your investment. This includes...
Deployed service members must submit their taxes. Fortunately, the Internal Revenue Service realizes that the service members and their families face unique circumstances and offer...
Several recent developments may affect taxpayers based on a strategy of trading or holding tax-exempt state and local bonds, commonly known as municipal or "munis" bonds....
Usually, when you move to a new state, you become a resident of that state. Then you pay the taxes as residents of the new state.However, if you are the husband of a member of the...
Posted by Valderas Financial Solutions LLC on 08/28/2019
The process of growing your financial assets is called investing. Investing in assets that provide cash flow, rising prices, or both, are some various ways to do this. Keeping investment...
Posted by Flynn Financial Group Inc on 07/26/2019