The new taxation legislation regarding the real estate property filing procedures comes into. If you’re like a majority of Americans, you may be looking for new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do to cut your…
It’s the most vulnerable time of the year for taxpayers: filing season. Around this time, many. If you’re like a majority of Americans, you may be looking for new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do…
We’re absolutely sure, that new rules for overtiem wages will affect your company’s taxation. If you’re like a majority of Americans, you may be looking for new, creative ways to ease your annual tax burden. Fortunately, there are several things you can do to cut…
Criticism of the IRS’s cybersecurity loopholes and breaches is endless, so a recent report by the US Government Accountability Office (GAO) finding the agency’s Taxpayer Protection Program (TPP) problematic isn’t exactly a big surprise. The TPP is intended to identify possibly bogus tax return filers and prevent fraud. But the bad guys are still able…
The more you contribute to your 401k, the more you can reduce your AGI and the amount you owe in taxes. In 2016, the maximum IRA and 401k contribution limits are 5,500 and $18,000 respectively for anyone 49 years of age and under.