There are several college savings plans with 529 plans as one of them. It comes with a series of tax benefits and can allow you to build your kid's college funds with time. In...
Posted by Rosovich & Associates, Inc. on 06/18/2021
While many tax preparers are claiming to be perfect and ideal for you, it is essential to scrutinize them to get the ideal preparer for your needs. Tax preparers differ, and the best...
Posted by James Financial Services Inc on 06/11/2021
We all do not like paying income taxes as it reduces our real take-home pay. However, while you cannot escape paying federal income tax, state income tax can be escaped based on your...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 06/11/2021
During tax filing, it is not compulsory to submit a receipt or any other paperwork to prove your deductions. However, when you get an audit deduction, you need to verify your expenses...
Posted by Abundant Wealth Planning LLC on 05/30/2021
No one is happy paying taxes from their hard-earned income. But, in reality, you may not realize that many Americans have it very easy when it comes to federal taxes, compared to taxpayers...
Posted by Daniel P Vigilante CPA and Profit Consultants on 05/30/2021
State Income Tax tipThe best way to get the answers on the tax requirement for each state is to contact a tax professional or visit the tax authority website for each state. Military...
Posted by Income Taxes and Bookkeeping LLC on 05/30/2021
An enrolled agent is someone who has earned the privilege of representing taxpayers before the IRS by passing a comprehensive IRS test covering personal and corporate income tax returns...
Posted by Karen Munoz, EA on 05/30/2021
There are times a distressed borrower will negotiate with a creditor for debt relief. These borrowers will either file for bankruptcy or go with a debt relief program that can reduce...
Posted by James Financial Services Inc on 05/24/2021
The marriage tax penalties come into play when the taxes paid for joint filing is more than what you would have paid if both parties filed as single. Before the 2017 TCJA, some...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 05/24/2021
