As the year winds up, many might feel it is too late to get any savings on their tax. However, no matter what you already earned as income, there are some moves you can make to reduce...
Posted by Karen Munoz, EA on 11/21/2021
The rate at which earnings are taxed can be overwhelming at times, but it cannot be avoided. However, there are a couple of ways you could cut down on the amount you get to pay on...
Posted by Income Taxes and Bookkeeping LLC on 11/04/2021
Maximizing your SS (Social Security) benefits is one way to increase your retirement paycheck. Unlike investment, annuity, or retirement portfolios, Social Security is the only retirement...
Posted by Unifirst Financial & Tax Consultants on 10/18/2021
You are entering into a contract with the IRS when investing in 401(K), IRA, or other tax-deferred plans. With this, one will get years of tax-deferred growth, in which one can start...
Posted by Income Taxes and Bookkeeping LLC on 09/26/2021
Companies can take different approaches to maximize profits or minimize losses in a competitive market depending on organizational strengths. While product differentiation and low...
Posted by Pat Raskob on 09/10/2021
In paying off student loans, one can use many approaches. While a borrower might consider a repayment plan hinged on income to take care of their monthly bill, another might consider...
Posted by KLSM CPA Firm PLLC on 09/03/2021
Tax deferral involves taking a deduction and moving it to a previous year or deferring part of your income to a later year. You are not reducing your overall taxes but getting a benefit...
Posted by Abundant Wealth Planning LLC on 07/24/2021
The importance of wealth preservation strategies increases with the increasing number of inventory and possession cases. Unfortunately, most people don't realize that their home...
Posted by The TaxAdvocate Group, LLC on 05/18/2021
Entrepreneurs who have purchased a large amount of personal property face the possibility that their property may be subject to creditors who wish to pay commercial liability. This...
Posted by Unifirst Financial & Tax Consultants on 04/24/2021
