According to the Washington Post, many employers pay workplace bonuses instead of pay raise. Bonuses are easier to stop than a steady increase in pay and have an immediate positive...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
If you're a regular U.S. worker close to retirement, you have been shoveling money from payroll or self-employment taxes into the social security system for decades. Over a period...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
Student loan debt has become an enormous problem for loan-saddled borrowers and it's easy to see why. According to a recent analysis by Credit.com, not only does the average college...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
If you’re worried that a home office deduction will trigger an audit, then you might miss some significant tax savings this tax season. In the late 1990s, changes in the rules...
Posted by The TaxAdvocate Group, LLC on 01/19/2020
Tax reform was President Donald Trump’s campaign cornerstone. The general idea of Trump’s plan is his pledge to consolidate the number of tax brackets from seven to three....
Posted by The TaxAdvocate Group, LLC on 01/19/2020
Every person has their own financial plans. There are also mistakes that are common. If you are a retiree and unsure if you have a common mistake, read on to know how you can avoid...
Posted by LLOYD J CAZES CPA on 12/28/2019
When it comes to who you can claim as a dependent on your tax return, the Internal Revenue Service (IRS) defines “relative” somewhat loosely -- that is the good news. The...
Posted by LLOYD J CAZES CPA on 12/28/2019
In the form of higher contribution limits for 2020, the Internal Revenue Service (IRS) gave retirement savers an early holiday gift this year. Workplace retirement plan contribution...
Posted by LLOYD J CAZES CPA on 12/28/2019
For an “injured” spouse to regain the share of a joint return, they must file Form 8379. This is the case when a past-due obligation of the other spouse was applied by...
Posted by LLOYD J CAZES CPA on 12/28/2019
