If you serve in the military, it's important to understand your military tax benefits so that you can get the most out of them when filing taxes. The Federal Tax Code has specific...
Posted by Abundant Wealth Planning LLC on 12/27/2021
The Internal Revenue Service allows taxpayers to pay their tax debts through an installment agreement. However, since interest and penalties will apply, the IRS encourages taxpayers...
Posted by James Financial Services Inc on 12/18/2021
If you are a non-national who first files a U.S. tax return or a U.S. citizen who has moved overseas, you might be wondering what the filing process looks like. Below, we'll explain...
Posted by BEST FINANCIAL GROUP LTD on 12/18/2021
There are various business structures, so when forming yours, you will probably have multiple options. Chances are you will hear of S corporation and wonder the implication and how...
Posted by Unifirst Financial & Tax Consultants on 12/10/2021
What is the Taxpayer Bill of Rights (TABOR)?Taxpayer Bill of Rights: TABOR is a broad term that encompasses many concepts and initiatives at the local, state, and federal levels...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 12/01/2021
A notice from the IRS can worry most taxpayers. A CP2000 notice is a notification from the IRS that the income or payment information does not match the tax information provided in...
Posted by Unifirst Financial & Tax Consultants on 11/28/2021
The amount estimated to be donated by the average taxpayer in the U.S. sums up to at least $500 per month. According to the research done on the subject in 2017, there were over 37...
Posted by Pat Raskob on 10/30/2021
The legality of marijuana in many American states is questionable. However, medical marijuana can easily be obtained via a doctor’s prescription and is legal in 34 states. Also,...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 10/24/2021
As a sole proprietor, you are solely responsible for your business. You will need to encounter additional tax and reporting requirements, but you may also be eligible for certain tax...
Posted by CORE PERFORMANCE on 10/24/2021
