Reducing Your Capital Gains Tax: Tips and Tricks for Smart Investors
By Susan Kelly / Feb 02, 2024
Learn how to navigate capital gains tax and maximize your investment returns with effective strategies such as holding assets longer, tax-relief strategies, and professional tax planning.
Small Business Owner’s Guide to California State Taxes
By Susan Kelly / Nov 25, 2023
Get your small business up to speed with the latest tax rules in California and stay compliant. Our guide covers filing deadlines, withholding, deductions, credits, and more!
How Much Are Taxes for a Small Business?
By Susan Kelly / Nov 23, 2023
Don't let taxes become the bane of your small business. Get up to speed on taxes with this informative guide to help you navigate the complexities and determine how much money you owe.
Do You Know: What Is Form 1099-A?
By Triston Martin / Jan 05, 2024
An IRS foreclosure sale must be reported on a 1099-A form. Lenders typically provide homeowners with a copy of IRS Form 1099-A after a foreclosure, and the IRS receives its copy. The details supplied on the form are required to report the transaction on your tax return.
Ways To Get Ready For Tax Preparation
By Triston Martin / Feb 12, 2024
About 85 million people, according to the IRS, have hired the third party to handle their tax filings (IRS). If this is you, you must begin compiling your tax documents as soon as possible. Your preparer may interview you or have you fill out a questionnaire to acquire data. Regardless, success during the process is highly dependent on one's level of preparation. For those who prefer to handle their taxes, here are some helpful pointers.
What Is the IRS, and What Do They Do?
By Triston Martin / Nov 19, 2023
The Internal Revenue Service (IRS) of the United States government is in charge of tax collection and enforcement (such as the wash sale rule Internal Revenue Service (IRS) was established by President Abraham Lincoln in 1862, and it is the federal government department that collects individual income and employment taxes. The IRS is also in charge of corporate, excise, and gift taxes, which are also handled by them.