The federal income tax deadline has passed. However, some taxpayers have not filed their 2020 tax returns or have not paid their taxes.If a taxpayer qualifies for a refund, there is...
Posted by Dennis Jao on 07/24/2021
With the new tax law raised in 2018, the standard deduction amount nearly doubled and with this, the number of taxpayers that itemize has reduced. This was a significant decrease from...
Posted by The TaxAdvocate Group, LLC on 07/17/2021
As a business owner, paying your estimated taxes quarterly assures you that there will be no significant tax bill waiting for you in April.You have to pay taxes, but luckily the Internal...
Posted by Rosovich & Associates, Inc. on 07/16/2021
Many pet owners consider their domesticated part as part of the family.Uncle Sam, however, disagrees with this claim, which explains why you cannot claim your beloved cat, dog, hamster...
Posted by KLSM CPA Firm PLLC on 06/24/2021
Yes!!! But, as with almost everything related to income tax, whether business or personal, there are always exceptions.In general, you will be able to waive credit card charges and...
Posted by Dennis Jao on 06/11/2021
You might think that the only time there would be taxes on an IRA or other type of retirement account would be when you make withdrawals or distributions. However, some income received...
Posted by Taxes Made EZ Inc on 06/06/2021
If you can't file your federal income tax return by the due date, you can usually get more time by requesting an extension. To avoid penalties, you will need to complete Federal...
Posted by Abundant Wealth Planning LLC on 06/06/2021
An employee's gross salary is the amount of salary or wages before the tax or deduction is deducted and is the starting point for other calculations. These calculations are independent...
Posted by The TaxAdvocate Group, LLC on 06/06/2021
As the concept of infinite banking gains popularity in the financial world, it is important to understand the basics. What is Infinite Banking, and how does it work? Above all, who...
Posted by CORE PERFORMANCE on 06/04/2021
