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Taxes
Trump Tax Plan: Will Social Security Taxes Get Cut?
President Donald Trump advocated for the elimination of federal income taxes on Social Security benefits…
When and How to Report a 1031 Exchange on Your Tax Return
A 1031 exchange allows certain real estate investors to defer capital gains taxes when selling…
How to Donate to Charity With Money From Your IRA
The IRS allows, and even encourages, charitable donations from tax-advantaged retirement accounts such as an…
Treasury Declares New Ownership Reporting Law Will Apply Only To Foreign Companies
U.S. businesses no longer have to comply with the beneficial ownership information (BOI) reporting filing…
My Tax Preparer Made a Mistake: What Can I Do?
By law, you are responsible for your own tax return. This is true even if…
Choosing The Right 401(k) For Your Small Business
Selecting a 401(k) plan for your LLC or S corporation can significantly impact your employees’…
What Documents Do I Need to File My LLC Taxes?
If you are the owner of an LLC and want to file the correct tax…
I’m Receiving $3,500 Per Month From Social Security. How Can I Reduce My Taxes?
Social Security can generate real income.The more you earned during your working life, up to…
Former IRS Commissioner Cites Missed Opportunity In State Of The Union Address
Days after President Biden delivered his address on the State of the Union, people are…
Available Education Tax Credits You Can Claim
For students and their parents, there are two tax credits that can help with the…
Federal Agencies, Including IRS Criminal Investigation, Tout Money Mule Awareness
An exciting vacation to Thailand takes a turn in the movie “Brokedown Palace” when Alice,…
What Is the Tax Underpayment Penalty and How Can It Be Avoided?
Understanding tax payments and the potential repercussions of underpayment is crucial. The tax underpayment penalty…
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