Taxation is never easy. And for many Americans, this year is even more difficult.There are many general challenges between the mid-season changes to the tax code, the various incentive...
Posted by Jim McClaflin, EA, NTPI Fellow on 07/17/2021
Did you make a mistake in your tax return, or did you notice that you lost a valuable tax credit or deduction? You can file an amended return to effect the correction. Filing an amended...
Posted by Abundant Wealth Planning LLC on 07/17/2021
Independent taxpayers, such as independent contractors and sole proprietors, receive compensation based on the fees they charge their clients. They also incur work-related expenses,...
Posted by Abundant Wealth Planning LLC on 07/06/2021
By the time you reach or are close to 30 years, you need to start a long-term business, which means saving and increasing your financial resources through income, savings, ROI, retirement...
Posted by Abundant Wealth Planning LLC on 06/25/2021
There are many changes after the death of a loved one, including changes in tax obligations. Unfortunately, it's easy to be overwhelmed by these changes. There are new reporting...
Posted by Abundant Wealth Planning LLC on 06/18/2021
While there are many ways you can save for college, these various strategies are not equal. You get some particular tax advantages with the best savings channel, provided you use the...
Posted by Taxes Made EZ Inc on 06/11/2021
For people that have combined their finances with their partner over the years, having to file your taxes alone might be a shock. However, there is enough information to make filing...
Posted by Abundant Wealth Planning LLC on 06/11/2021
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
It doesn't matter if a business is big or small; all businesses incur costs and expenses to reduce the business's taxable income. Sometimes employees, and not just employers,...
Posted by Daniel P Vigilante CPA and Profit Consultants on 06/06/2021
