All workers and employers in the service industries where tips occur should abide by the relevant tax rules. One needs to pay income tax, Medicare tax, and Social security taxes on...
While many people dread the tax season, we all eagerly look forward to our tax refund from the IRS.Even though typically, the Refund should be around within three weeks, it varies...
Do I need an ITIN? If so, how do I get one? Does it expire? What do I need to know about ITIN and my tax return? These are frequently asked questions that arise each year as tax season...
What are the advantages and disadvantages of investing in the stock market? Historically, the stock market has provided investors with generous returns over time, but the stock markets...
Posted by Daniel P Vigilante CPA and Profit Consultants on 04/09/2021
We look forward to all kinds of days throughout the year, like birthdays, wedding anniversaries, the Friday before a three-day weekend, Public holidays, etc. However, for the goal...
Millions of Americans are rejoicing at the increase in their bank accounts: The IRS sent 90 million direct stimulus deposits that started reaching bank accounts on March 17.But if...
If you buy, trade, or earn cryptocurrency in any way, it's important that you at least know how these activities can affect your tax obligations.In many jurisdictions today, including...
It's the start of the 2021 tax season, and you can't wait to get started. Gather your documents for the 2020 tax year and complete federal and state taxes before the filing...
If you are moving to a foreign land to settle, start a new job, or even set up a business, the US Expat taxes might qualify you for some tax exclusion. One, however, needs to apply...