How the Internal Revenue Service defines and calculates different types of income affects the taxes you owe. Modified adjusted gross income (MAGI) is one of them. MAGI also decides...
Posted by Pat Raskob on 08/11/2022
Did you know many military members and their family members can get a tax deferral extension? In several cases, the extension is automatically granted, and some people may even receive...
Posted by Dennis Jao on 07/18/2022
There is a possibility that you're probably thinking about bankruptcy or about to go bankrupt. You may think this path is a new beginning or a horrible end. But what is the truth...
Posted by BEST FINANCIAL GROUP LTD on 07/12/2022
The Internal Revenue Service has passed the information on returning millions of taxes from 2021. Meanwhile, taxpayers are frustrated because of the lengthy process but are still patient...
Posted by Tiffany Gaskin on 07/12/2022
The rules for filing alimony income on your tax return changed with the 2019 fiscal year. Alimony income or payments are no longer tax-deductible, and the receipt of alimony is not...
Posted by KLSM CPA Firm PLLC on 07/09/2022
This is a type of loan given to businesses or individuals who already have large debts or bad credit history. Lenders view leverage as a higher risk of default, and therefore leverage...
Posted by KLSM CPA Firm PLLC on 07/01/2022
Payroll cards are a substitute form of payment that companies can make available to their employees. Employers use pay cards to streamline payroll processes, giving employees instant...
Posted by BEST FINANCIAL GROUP LTD on 06/24/2022
Certified Public Accountants (CPAs) are on the cutting edge of accounting. Whether you keep records in a small office or review IRS files, accounting is a broad field with many professions....
Posted by Abundant Wealth Planning LLC on 06/11/2022
Financial independence is a beautiful thing. But while many of us want financial independence, few of us know what steps to take to achieve it. That's why we're here - we want...
Posted by Dennis Jao on 05/27/2022