Even the wealthy class, who do not have any burden paying their taxes, do not like paying taxes. However, there's a difference between not wanting to pay taxes and finding it difficult...
Posted by Dennis Jao on 03/17/2022
Every US citizen that wants to live in another country should consider learning what the Foreign Tax Credit Entails and how it works. It also applies to all citizens that desire to...
Posted by KLSM CPA Firm PLLC on 12/18/2021
Your wages may be subject to garnishment when you do not pay financial obligations. A garnishment order is not required for child support, unpaid income tax, or federal student loan...
Posted by Dennis Jao on 10/30/2021
When it comes to taxes, we are always seeking ways to save money, pay less, or have returns. So regarding dependent care like taking care of children, everyone in that category wants...
Posted by Taxes Made EZ Inc on 08/06/2021
There are times a distressed borrower will negotiate with a creditor for debt relief. These borrowers will either file for bankruptcy or go with a debt relief program that can reduce...
Posted by James Financial Services Inc on 05/24/2021
Young Americans struggling with debt could have nasty additional tax surprises this year.From the need to pay taxes on canceled debt to reduced deductions for non-repayable loans,...
Posted by Abundant Wealth Planning LLC on 05/19/2021
For everyone that will include some amount of OID in their tax income, they must file Form 1099 OID. We refer to OID as the leftover from the redemption price of obligation when it...
Posted by Tiffany Gaskin on 12/19/2020
All debt forgiven in a short sale was taxed as ordinary income prior to the adoption of President George W. Bush’s "Mortgage Forgiveness Debt Relief Act and Debt Cancellation"...
Posted by BEST FINANCIAL GROUP LTD on 01/22/2019
Donald Trump has signed into P.L. 115 to 97 laws known as “Jobs Act and Tax Cuts”. It even has great importance for national taxation. It may have extensive effects on...
Posted by BEST FINANCIAL GROUP LTD on 04/26/2018
