Many baby boomers and retirees prefer to invest in savings bonds because they are safe and convenient investments, but stocks don't always earn interest. Over time, they expire,...
Posted by Flynn Financial Group Inc on 10/07/2020
Original issue discount (OID) occurs when companies sell securities at a reduced price. Sometimes bonds are sold at a value lower than the value declared at maturity; the difference...
Posted by Aurelia E Weems CPA on 09/18/2020
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
As humans, mistakes are inevitable. Although, when you arm yourself with some information, you can avoid mistakes. When you have an error on your tax, it might not trigger a full audit....
Posted by Tim Thompson CPA PLLC on 08/24/2020
Divorce is expensive: it consumes your time, energy, emotional expenses, and, of course, legal costs. And while assigning assets between spouses due to divorce has no tax consequences,...
Every business owner, irrespective of the field, needs to file and pay tax each year. The good news is there are legal strategies to reduce the amount you send to Uncle Sam as taxes.Some...
Posted by Don Bell Law on 07/24/2020
We all have big plans for our tax refunds. It is one of the few things many Americans look forward to. Out of excitement, many people check their mailbox and bank account daily in...
Posted by The TaxAdvocate Group, LLC on 07/16/2020
Aside from taking care of your business, you will probably take on a lot of additional tasks as a small business owner. Tasks for the infancy of your business such as bookkeeping is...
Posted by Flynn Financial Group Inc on 07/16/2020
Stay away from these mistakes to save money and prevent tax fines as failure to file a tax return can cost you dearly. You may lose a larger refund than requested, you may incur more...
Posted by Aurelia E Weems CPA on 06/11/2020
