Whenever you see a dollar from a lottery win, please remember that the IRS has taken its 25%. Up to 13% can be withheld in local and state taxes (depending on where you live). However,...
Posted by Pat Raskob on 09/30/2021
Almost all retirees look forward to their Social Security benefits as it is the principal sustenance for many seniors in their golden age. Also, since many people pay into Social Security...
Posted by Tiffany Gaskin on 09/09/2021
Starting a business in the United States as a foreigner can be a tad difficult, but the country makes it very easy to register your business and start a business. Learning English...
Posted by KLSM CPA Firm PLLC on 08/06/2021
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
It is common for someone to live in one state and have employment in another state. In this case, one might need to file a nonresident tax return if they have earnings in a state they...
Posted by CORE PERFORMANCE on 05/18/2021
It is more common than you might think for someone to live in one state and work in another. You might need to file a non-resident income tax return if you earned money in a state...
Posted by The TaxAdvocate Group, LLC on 04/29/2021
If you are overwhelmed with student loan debt, there may come a time when it will be difficult for you to move forward. You make payments as at when due, but you are not even close...
Posted by Elliot Kravitz, ATP on 03/26/2021
