As long as you are full-time Forex traders, you will enjoy some impressive tax advantages that ordinary market participants won't get. However, this qualification might be challenging....
Posted by Tucker Accounting Services LLC on 04/14/2021
As an individual, your taxes are one of the most important things to get things right. The IRS can hound and penalize you in an instant. That is why you need to make sure that you...
Posted by Aurelia E Weems CPA on 03/28/2021
One might be lucky and win an award for a distinguished contribution to the community, science, or art. It is important to wonder if one needs to pay income tax. Sadly Yes!Prizes,...
Posted by McCool's Tax Service on 03/22/2021
Since preparing your tax return hasn't been intimidating enough, there may be times when you need to amend a pre-filled tax return. While filling out a correct return may seem...
Posted by Tucker Accounting Services LLC on 03/15/2021
State laws generally govern the gaming industry. These laws can be very or less strict, depending on how the state views the industry, and most laws are aimed at promoting responsible...
Posted by Flynn Financial Group Inc on 03/05/2021
One might spend a lot of income on medical bills, especially when unplanned emergencies arise and the insurance cannot cover it all. The bright side is that one can have some relief...
Posted by Accurate Books And Tax on 02/22/2021
It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
Posted by Rosovich & Associates, Inc. on 02/05/2021
All income begins with gross income, which is the total of all money earned in a year. This includes wages, salaries, bonuses, capital gains, and interest income. As we know from our...
Posted by Accurate Books And Tax on 02/04/2021
If you owe a US federal income tax, you can claim a foreign tax credit if you are paying income tax to another foreign country. The idea of this credit is to reduce the tendency of...
Posted by McCool's Tax Service on 01/27/2021
