Under the right circumstances, Intentionally Defective Irrevocable Trust (IDIT) ) can be an effective property tax planning tool. These trusts are created to intentionally fail certain...
Posted by Daniel P Vigilante CPA and Profit Consultants on 09/10/2021
When it comes to taxes, we are always seeking ways to save money, pay less, or have returns. So regarding dependent care like taking care of children, everyone in that category wants...
Posted by Taxes Made EZ Inc on 08/06/2021
Many small business owners believe that doing many things themselves can help save money. This, however, is not true of finances as an accountant can save you a lot of money in the...
Posted by Pat Raskob on 07/24/2021
Hats off, graduate! You have studied a lot, passed the exams and now have a degree.Now that you have graduated, you are likely to enter the workforce or begin postgraduate studies....
Posted by CORE PERFORMANCE on 07/16/2021
While there are many ways you can save for college, these various strategies are not equal. You get some particular tax advantages with the best savings channel, provided you use the...
Posted by Taxes Made EZ Inc on 06/11/2021
The Tax Cuts and Jobs Act, or TCJA, was expected to simplify tax filing and reduce tax bills for millions of American workers. However, according to new data from the IRS (Internal...
Posted by The TaxAdvocate Group, LLC on 03/26/2021
There are several ways to reduce the tax burden. However, the two most popular are probably tax credits and tax deductions. While they may look the same, they are two very different...
Posted by KLSM CPA Firm PLLC on 02/09/2021
A lot of people struggle to find the funds they need to build their retirement savings. Fortunately, a non-refundable tax credit, known as a retirement savings credit, can make saving...
Posted by Daniel P Vigilante CPA and Profit Consultants on 12/15/2020
Many people struggle to find the funds they need to build up their retirement savings. Fortunately, a non-refundable tax credit, called a retirement savings contribution credit, can...
Posted by Taxes Made EZ Inc on 11/25/2020
