What are the advantages and disadvantages of investing in the stock market? Historically, the stock market has provided investors with generous returns over time, but the stock markets...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/09/2021
Saving for retirement can be a challenge, and if you're falling behind, you're not alone. In 2020, the average 401(k) account balance was around $25,000, according to a Vanguard...
Posted by Karen Munoz, EA on 04/06/2021
The IRS assesses penalties and interest on the employer's account when they fail to collect, report, and remit payroll taxes. You may be personally liable for failure to withhold...
Posted by Carmen Garcia on 03/31/2021
One of the issues that real estate investors have to deal with is taxes. There are various taxes with different implications on asset performance. It is not surprising that people...
Posted by Thomas G Kinsella, ATP on 03/30/2021
For people with tax debts, it is possible that Uncle Sam will garnish some part of the wages in a process known as a continuous levy. This happens when someone does not respond to...
Posted by KLSM CPA Firm PLLC on 03/26/2021
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...
Posted by Dennis Jao on 03/26/2021
Supplemental Security Income (SSI) is a benefit program administered by the Social Security Administration that provides monthly payments to people facing significant physical and...
Posted by Carmen Garcia on 03/22/2021
Classifying assets between liabilities and non-liabilities is not an easy task. This can often determine whether a current income deduction is received or what tax rate should be applied....
The CARES Act (Coronavirus Aid, Relief and Economic Security Act) came up with a new assistance program for small businesses (with employees below 500) to cushion the coronavirus's...
Posted by CORE PERFORMANCE on 03/05/2021
