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
Social welfare refers to a range of programs that aid citizens either financially, educationally, or otherwise. These programs or activities are mainly targeted at groups of people...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 04/17/2022
Most countries in the world are taking the issue of diversity seriously by checking all aspects of government rules and ensuring no group in society is marginalized. This transformative...
Posted by Tiffany Gaskin on 07/31/2021
What is Welfare?Welfare refers to various government programs that provide financial or other assistance to individuals or groups who cannot support themselves. Welfare assistance...
Merely thinking about the IRS is sufficient to give the vast majority, in any event, a trace of heartburn, yet consider the possibility that the IRS connects and taps you on the shoulder...
Posted by Larry Hurt on 08/26/2019
It is so tough figuring out how to pay off debt fast if you're self-employed. You don't know what strategies are effective and where to start. You're not sure when your...
Posted by LLOYD J CAZES CPA on 05/20/2019
What Is Book Keeping?Book Keeping is the act of recording financial details and is a significant accounting process in business. Transactions incorporate sales, purchases, receipts,...
When it comes to money, there is one very important tool we get every month, our bank statements. This provides a snapshot of how we spend our money each month and we can make...
The United States often uses tax deductions, credits, or other tax benefits to encourage certain social policies that it deems desirable. For example, they may want married people...