If you serve in the military, it's important to understand your military tax benefits so that you can get the most out of them when filing taxes. The Federal Tax Code has specific...
Posted by Abundant Wealth Planning LLC on 12/27/2021
There are so many perks of being a Travel Nurse, and there is an added bonus: there are travel nurse tax deductions you can take advantage of!First, let us have a look at the reasons...
Posted by Dennis Jao on 12/27/2021
An OIC (Offer in Compromise) is a payment option that the IRS makes available to taxpayers. It enables you to pay off your tax debt without "going bankrupt" or "breaking...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/18/2021
It is pretty common for adult kids to care for their senior parents, which qualifies them to claim their parents on their tax return as a dependent. With this, they are eligible for...
Posted by Tiffany Gaskin on 11/29/2021
The IRS requires all taxpayers to file an income tax return, regardless of their age.The Internal Revenue Service (IRS) requires all taxpayers, regardless of their age, to file an...
Posted by KLSM CPA Firm PLLC on 11/11/2021
In this present economy, more and more companies are trying to survive on low incomes and low operating margins. When bad economic conditions lead to lower incomes, banks can withdraw...
Posted by James Financial Services Inc on 11/04/2021
What is a charitable contribution deduction?A charitable deduction is one of the itemized deductions available to taxpayers who donate to charity. The charitable deduction allows taxpayers...
Posted by Unifirst Financial & Tax Consultants on 11/04/2021
Savings bonds are a popular means of savings for conservative investors because they have the full confidence and credit of the US government. With savings bonds, you receive a fixed...
Posted by Pat Raskob on 10/19/2021
Almost everyone wants to send the smallest amount possible to the IRS, and there is nothing wrong with that. However, your method of reducing your tax bill might get you into trouble....
Posted by Rosovich & Associates, Inc. on 10/18/2021
