Individual Retirement Accounts (IRAs) offer individuals a valuable opportunity to save for retirement while enjoying certain tax benefits. However, it's crucial to stay informed...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 06/09/2023
As taxpayers navigate the complex landscape of tax regulations, one important area to be aware of is the treatment of worthless securities. Worthless securities refer to stocks, bonds,...
Posted by Taxes Made EZ Inc on 06/09/2023
Form 1099-K is an essential tax document issued by payment settlement entities (PSEs) to report certain transactions made by merchants or business owners. It assists the Internal Revenue...
Posted by Pat Raskob on 06/09/2023
To revitalize economically distressed communities across the United States, the federal government introduced the Opportunity Zone program as part of the Tax Cuts and Jobs Act of 2017....
Posted by KLSM CPA Firm PLLC on 06/09/2023
Tax credits are an important part of the tax code and can significantly affect your tax bill. While many different tax credits are available, some of the largest and most valuable...
Posted by Dennis Jao on 06/09/2023
Cryptocurrencies like Bitcoin, Ethereum, and others have become increasingly popular investments in recent years. As with any investment, it is important to understand the tax implications...
Posted by Rosovich & Associates, Inc. on 06/09/2023
People who earn income from their investments need to pay tax on such income. Like income from your paycheck, you must pay taxes from such income interest.No matter the value of the...
Posted by Tiffany Gaskin on 06/09/2023
Buying a home is one of the most significant financial decisions most people make in their lifetime. Homeownership is often seen as a symbol of success and stability, but it also comes...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 05/31/2023
Taxpayers who fail to comply with tax laws may be subject to penalties and interest charges by the Internal Revenue Service (IRS). Penalties and interest can quickly increase the amount...
Posted by Taxes Made EZ Inc on 05/31/2023
