We define tax planning as the process of analyzing a financial situation to make sure that you engage every essential and lawful element to make it possible to pay the minimum tax...
Posted by Abundant Wealth Planning LLC on 02/23/2021
In 2017, the wealth tax cap was $5.49 million. In 2018, the limit doubled to $11.18 million and now stands at $11.7 million. Currently, this growth will expire in 2025, but with the...
Posted by Pat Raskob on 02/10/2021
With the end of February in sight, comes the beginning of March (a month when there is usually a race for tax investment and planning among those who have not done so during the year)....
Posted by James Financial Services Inc on 06/15/2020
A consolidated tax return is a corporate income tax return of an affiliated group, who elect to report their combined tax liability on a single return. How Do I File A Consolidated...
Posted by BEST FINANCIAL GROUP LTD on 02/19/2019
Protection from identity fraud is quite essential as personal details such as your email address, name, mobile number, social security number, passwords, and other information...
All debt forgiven in a short sale was taxed as ordinary income prior to the adoption of President George W. Bush’s "Mortgage Forgiveness Debt Relief Act and Debt Cancellation"...
Posted by BEST FINANCIAL GROUP LTD on 01/22/2019
Taxpayers who are negligent in paying their IRS tax debt are putting their income and assets at risk of being seized. If you are one of them, it’s important that you know how...
Posted by Flynn Financial Group Inc on 01/22/2019
What is Premium Finance Insurance?When you borrow money from a third party to pay the policy premiums, you have what is called a premium financing for life insurance. The premium finance...
Posted by Unifirst Financial & Tax Consultants on 01/22/2019
Understanding Business Accounting and how to incorporate it into your businessIf you have just launched your business or are about launch one, congratulations! It takes passion and...
