Is America Becoming A Communist Country?
President Joe Biden recently proposed a mandate that the IRS should have access to all of our transaction information (withdrawals or...
Reminder Oct 15 Is When FBAR Extension Should Be Filed!
Today, the IRS reminded all U.S. citizens, resident aliens, and any domestic legal entity to complete the annual FBAR (Report of Foreign...
Tax Loophole That Crypto Investors Must Take Advantage Now!
If you invest in virtual currencies i.e. Bitcoin, there is a tax loophole that could go away in 2022 that you should take advantage of...
Why CEOs Are Worried About The Latest Tax Law Changes?
Based on the latest tax law changes, CEOs are getting worried about a potential increase in corporate tax rate from 21% to 26.5%. To make...
Year-End Tax Strategies To Save On Taxes For 2021!
The end of the year is approaching fast, regardless of what new tax legislation that Congress passes, there are a few year-end tax...
1040 Extension Deadline Nears, Biden Administration Raises Taxes on the Wealthy
Top news today, 1040 extended due date. If you have applied for an extension for your 1040, October 15 is the last day to file your tax...
President Joe Biden Unveiled Tax Increases!
Recently President Joe Biden and house democrats have unveiled tax plans to raise levies on taxpayers making more than $400,000 of annual...
The Basics of Tax Planning for Business Owners
Before you can ask the question of “how much can I reduce my tax bill?”, It is important to understand two fundamentals: your tax bracket...
Tax Extension Deadline (Oct. 15) Is Approaching Fast!
If you have not filed your individual tax return and are currently on extension, your extension due date for 1040 is October 15, 2021....
Tax Benefits For Charitable Givings Have Been Expanded!
Last December, the IRS enacted the Taxpayer Certainty and Disaster Tax Relief Act which provides several provisions to help individuals...
