IRS Tax Rules For Imputed Interest
If you ever lend people money, you’re going to want to know about this one IRS rule that may make you liable to paying more taxes than you realize. The IRS expects […]
Tax Difference Between Incentive Stock Options And Non-Qualified Stock Options
Congratulations, you’ve got a job with stock options! Now you’re wondering how this affects your taxes. What are Stock Options? Stock options are the right to buy shares of company stock at […]
Home Office Tax Deductions
If you own a business and work from home, you’re going to want to know about this important tax deduction. If you are a business owner who uses your home frequently for […]
Roth IRA Income Thresholds for 2023: What You Need to Know
The Roth Individual Retirement Account (IRA) has always been an attractive option for many investors due to its tax-free withdrawals in retirement. However, not everyone can contribute to a Roth IRA. The […]
California Residents Receive A Tax Extension
Record breaking winter storms took to the state of California in the early parts of this year. As a result the IRS has given CA residents an extension to the tax deadline […]
Gift Tax: What Is It?
Many people look forward to both giving and receiving gifts. However, many fail to consider the potential tax implications associated with larger gifts. In the United States we have a federal tax […]
Possible Recession: Should I Invest Or Save?
With banks failing and a recession looming, many are wondering whether they should invest while the stock market is low or save money. During a down time in the economy, cash is […]
How To Prioritize Debt Payoff?
Debt payoff is one of the best things you can do to strategically support your finances during a recession.The topic of debt can often feel sensitive for some people, triggering feelings of […]
How To Set Your Business Up for Success During a Recession
With banks failing and a recession looming, we have one piece of advice to make sure your business survives. Amidst the influx of money and stimulus funds, it is easy for some […]
Will AI Eliminate Accounting Jobs?
With all the advances in AI, people are wondering – can I replace my accountant with a robot? There is a lot of potential in using artificial intelligence to help with your […]
Travel Credit Cards: The Top 3
If you’re someone who loves to explore new horizons while maximizing your rewards, you’re in the right place. With an abundance of credit cards promising enticing benefits, it can be overwhelming to […]
Top 4 Questions Asked This Tax Season
You have questions? We have answers! This tax season we saw the same questions asked over and over again. To help you out, we are going to answer the top four questions […]