Expenses incurred due to the legal costs of running a profitable business that yields an available income is usually listed as a tax-deductible expense. It's only when the legal...
Posted by CORE PERFORMANCE on 01/09/2022
Adoption is a good thing. However, most Americans think that the adoption process is a bit difficult and expensive. It is due to the fees and responsibilities associated with the adoption...
Posted by Tiffany Gaskin on 01/09/2022
A recent survey by careerbuilder.com said that about 80% of workers live from hand to mouth, including six-figure earners.One of the reasons for this may be that many people usually...
Posted by KLSM CPA Firm PLLC on 12/27/2021
When thinking about filing your taxes after a divorce, you might want to know how taxes are going to change. The impact of divorce on federal taxes is not as large as it used to be.Each...
Posted by BEST FINANCIAL GROUP LTD on 12/10/2021
The year end approaches, making it a terrific time to start preparing for taxes. It is never too early, as getting an early start can save you from mistakes and tax fines. While...
Posted by Pat Raskob on 12/10/2021
The technology sector is large and includes device manufacturers, software developers, cloud computing providers, semiconductor companies, streaming services, and wireless service...
Posted by Taxes Made EZ Inc on 11/21/2021
Americans do not like the estate tax, but they love the wealth tax. What's up with this?Both taxes focus their burden on the nation's most fortunate few. Both promise to dismantle...
Posted by Tiffany Gaskin on 11/11/2021
Cash balance plans are defined benefit retirement savings plans that allow business owners to make large deductible contributions each year and build up deferred retirement savings....
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/04/2021
What is a tax identification number?The Tax Identification Number (TIN) is a 9-digit number used by the Internal Revenue Service (IRS) for tax purposes. This number can be a person's...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/09/2021
