What is a Tax Bracket? The U.S. income tax is a progressive tax by which tax rates increase as taxable income increases. Those who earn more income pay more tax, all other things...
Many people struggle to find the funds they need to build up their retirement savings. Fortunately, a non-refundable tax credit, called a retirement savings contribution credit,...
Posted on 11/25/2020 by Taxes Made EZ Inc
What is Form 1099-K? Internal Revenue Service (IRS) Series 1099 forms help taxpayers report money received from various sources in addition to salary. Form 1099-K, "Merchant...
Posted on 11/25/2020 by James Financial Services Inc
Form 1099-CAP from the IRS is one of the series of the 1099 forms available from Uncle Sam. They use this to report transactions and payments from nonemployee. Whenever there is...
Posted on 11/25/2020 by Abundant Wealth Planning LLC
