Individuals and businesses with unpaid tax balances may face severe penalties from the Federal Revenue Service (IRS), including possible forfeiture of personal or business property...
Posted by The TaxAdvocate Group, LLC on 10/21/2020
When an employee is called to the jury, it can be a burden on your business. It may be necessary to readjust just to cover the employee's absence. In some instances, the creation...
Posted by The TaxAdvocate Group, LLC on 10/14/2020
People with a traditional 401(K) need to pay taxes on their distribution – the ordinary income tax. What you pay is a factor of your tax bracket and age as people below 59½...
Posted by The TaxAdvocate Group, LLC on 10/01/2020
With the spread of the coronavirus, a lot of jobs have been affected. As a result, it might be pretty difficult for everyone to keep up with their bills. This is especially true of...
Posted by The TaxAdvocate Group, LLC on 09/24/2020
The dividend is one of the primary ways in which companies communicate their financial health and shareholder value. By distributing the profits, companies are announcing a positive...
Posted by The TaxAdvocate Group, LLC on 09/18/2020
Some people hire household employees like maids, babysitters, gardeners, caretakers, janitors, cooks, butlers. These are household employees that perform domestic service around the...
Posted by The TaxAdvocate Group, LLC on 09/09/2020
We explain the original issue discount as the discount in price from the face value of a bond at the time it was first issued. Bonds can be issued at a price lower compared to their...
Posted by The TaxAdvocate Group, LLC on 08/28/2020
Scammers are everywhere haunting for your tax refunds. They have different tactics to rob unsuspecting victims of their hard-earned money. There are many helpful ways you can prevent...
Posted by The TaxAdvocate Group, LLC on 08/24/2020
The American gaming industry is booming. New sports casinos and bookies are popping up across the country, Las Vegas is booming, lotteries are popular, and online gambling is great....
Posted by The TaxAdvocate Group, LLC on 08/13/2020
