Cash value life insurance is a permanent policy combining a death benefit with an investment component. As a result, the policy accumulates a cash value over time, which the policyholder...
Posted by Tiffany Gaskin on 03/08/2023
If you're self-employed, such as an independent contractor, or a freelancer, one question is probably the most important question regarding tax returns: How can I reduce my self-employment...
Posted by Taxes Made EZ Inc on 04/17/2022
You should be considering withdrawing from your retirement savings if you are out of work and need income. Normally you have to pay a 10 percent early withdrawal penalty if you will...
Posted by Tim Thompson CPA PLLC on 07/16/2020
Once you go through a divorce, there are so many things you’re going to have to deal with. These are usually the emotions of a broken relationship as well as the paperwork, the...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
Tracking the expenditures can assist you in saving your money at the tax time. But it is necessary that you keep the receipts as well as the documentation to back up the expenditures...
A reverse mortgage is a type of home equity loan for seniors age 62 and older used to turn a portion of their home equity into cash as needed. It was conceived as a means to help retirees...
When filing your tax return, it’s important that you know how home improvements or repairs work for tax purposes. Any work made to significantly add value to your home, increase...
Whether you're working with a tax preparer or you're going it alone on filing your tax return, deductions are important for lowering your taxable income. Less income to be...
Posted by Better Tax Returns on 03/01/2018
Real estate investors have a unique income stream. Therefore, it is important to consult with a tax professional or accountant, such as ASU-Account ServicesUnlimited LLCin Rolla, MO. about...
Posted by Felecia Dixson, EA, ATA on 06/09/2016
