Understanding the rules surrounding investment losses can really help minimize your tax obligation each year. This is because investment gains and income can be subject
Facebook, Twitter, Snapchat, and other social media sites provide innovative ways to connect with friends, share recipes and even find your soulmate. Such sites are
When you start a business, you have many decisions to make. One of those is the method of accounting your business will use for reporting
While most interest expense is no longer tax deductible, it is a viable deduction if the interest is on your primary or secondary residence. While
While each retirement plan has similar early withdrawal penalty exemptions, they are not all alike. Knowing these subtle differences within 401(k) plans can help you
If you’re considering selling your home or have recently sold your home, there are possible tax consequences. The good news: much of the gain on
Deciding on a 15 or 30 year mortgage? Consider these factors – Monthly Payment, Total Interest, and flexibility.
Adjusted Gross Income (AGI) is one of the core tax terms used by Federal and many State taxing authorities. So, what is it and why is it important?
Retirement Accounts – Did you know the government forces us to take money out of those accounts once we reach retirement? It’s called the required minimum distribution (RMD) rule. Here are some tips you should know about RMDs well before you reach retirement age.
IRS audits – In late 2020, the IRS announced that it will increase tax audits of small businesses by 50 percent in 2021. Here are several mistakes to avoid if you do get audited.
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