When was the last time you heard the good news about retirement? Instead, you've probably seen alarming headlines like this:Are you worried about your pension or your parent's...
Posted by James Financial Services Inc on 05/27/2022
Do you have cryptocurrencies? Maybe you bought BTC when it cost $1 and decided to sell it this year and make a big profit from it. Or maybe you joined the latest revolution and bought...
Posted by BEST FINANCIAL GROUP LTD on 03/31/2022
Persons aged 65 and over and those who took early retirement due to disability are eligible for a federal tax credit which varies from $3,750 to $7,500. The senior citizen or disability...
Posted by Dennis Jao on 03/31/2022
What is corporate tax?Corporate tax is a tax on the profits of a company. The tax is paid on a company's taxable income, including revenue less the cost of goods sold (COGS), general...
Posted by James Financial Services Inc on 03/17/2022
This is a subset of a defined benefit pension plan. The employer often funds it via contributions made to a specific account comprising the compensation and interest of the participating...
Posted by Pat Raskob on 03/17/2022
What is a holiday bonus?Holiday bonuses are extra money companies give their employees at the end of the year. Some companies award bonuses based on individual employee performance....
Posted by BEST FINANCIAL GROUP LTD on 02/22/2022
Today, relatively few Americans itemize deductions on their tax returns. You can claim either the standard deduction or the itemized deductions, but not both. And, of course, you always...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 02/08/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
Posted by Taxes Made EZ Inc on 02/08/2022
A 401(k) work plan helps you save a considerable amount each year in retirement, but there are annual limits for your contributions and those of your employer. Whether you choose a...
Posted by Taxes Made EZ Inc on 01/01/2022
