Since lending is a risky endeavor, lenders are usually interested in lending money to people with good credit history. It is not surprising as good credit implies that someone will...
Posted by Jim McClaflin, EA, NTPI Fellow on 10/19/2021
Legal expenditures are acquired by people who are not deductible when classified in the federal income tax laws. Instead, they are seen as either non-deductible personal expenses or...
Posted by Dennis Jao on 08/06/2021
Unknown to some people, when they get to a particular income level, a parallel tax system applies to their income. This is a distinct tax structure called the Alternative minimum tax...
Posted by Income Taxes and Bookkeeping LLC on 07/24/2021
One of the greatest sources of financial burden for most Americans is credit card debt. It is pretty prevalent in all households and affects both the men and women folk. However,...
Posted by Tiffany Gaskin on 06/18/2021
The Internal Revenue Service (IRS) recently released annual tax inflation adjustments for 2021 for more than 60 allowances, including tax rate schedules, standard deductions, itemized...
Posted by Rosovich & Associates, Inc. on 12/31/2020
An alternative minimum tax puts a cap on the tax percentage amount every taxpayer must pay no matter the deductions or credit they claim. As long as your income is above a specified...
Posted by Karen Munoz, EA on 12/26/2020
2021 is right around the corner, but there is still a short time to lower your 2020 tax bill, increase your savings, help your community, and secure your financial future in the process....
Posted by The TaxAdvocate Group, LLC on 12/25/2020
It is glaring that the lesser you pay, the longer you remain in debt. Besides, bear in mind that the interest of the debt keeps growing, and your credit score also takes a blow. If...
Posted by Taxes Made EZ Inc on 08/24/2020
A common line says, "Seventy may be the new 40" but, the Internal Revenue System or the (IRS) have so many things to say about it especially for the older Baby Boomers who...
Posted by Unifirst Financial & Tax Consultants on 11/12/2019
