Article Highlights: High-Income Professionals Specified Service Trade or Business Sec. 199A Deduction Defined Contribution Retirement Plans Defined Benefit Retirement Plans Tax Savings If you are
A disaster loss is actually a casualty loss that occurs in a geographic area that the President of the United States declares eligible for Federal
The Alternative Minimum Tax (AMT) is a tax that was originally intended to ensure that wealthier taxpayers with large write-offs and tax-sheltered investments pay at
Article Highlights: Surrogate Births Legal Arrangements Taxability to Surrogate Mothers Social Security Taxes Business Deductions Deductibility for the New Parents Articles about the taxability and
Article Highlights: Increased Standard Deduction Tax-Exempt Income Impairment-Related Work Expenses Financially Disabled Earned Income Tax Credit Child or Dependent Care Credit Special Medical Deductions Qualified
Overview of Coverdell Education Accountants These accounts, originally referred to as Education IRAs, have been available for over 15 years. These accounts are nondeductible education
Article Highlights: Business Owners Family and Home Records Disaster Scams Self-help Publications Government Assistance This year’s wildfires, record rains, flooding, tornadoes, hurricanes and potential for
The Roth IRA Advantage Traditional IRAs are familiar to most taxpayers, providing a relatively simple method of saving for retirement AND deferring taxes in the
Article Highlights: Shared Responsibility Payment Executive Order Hardship Exemption Exemption Certification Number The Affordable Care Act (Obamacare) included a “shared responsibility payment,” which in reality
Tax Planning Helps You Save $$$ All planning involves looking ahead to reach a specific goal. People are inclined to make careful plans when they
