Taxes
Latest Taxes News
Jury Will Decide On $43 Million Tax Refund Claim By Zaxby’s Cofounder
On May 13, 2024 an exciting jury trial will commence in the United States Court House in Athens, Georgia. Tony…
Tax Implications for Reverse Mortgages
A reverse mortgage can be a useful way to access the value of your home without having to sell it.…
9 Common Tax Mistakes and How to Avoid Them
The more money you make, the higher your tax liability could be. And making a mistake in your filing can…
Understanding Form 8606 for IRA Taxes
If you use an IRA to save for retirement, IRS Form 8606 might be an important part of tax season.…
What Is Net Investment Income and How Is It Taxed?
Net investment income (NII) is defined as the profit gained from investments after deducting certain related expenses. This includes various…
How to Report a Backdoor Roth IRA With Form 8606
A backdoor Roth IRA typically offers high-income earners a workaround to contribute directly to a Roth IRA when their earnings…
How to Set Up a Payment Plan for Taxes You Owe
When an individual or business owes taxes to the Internal Revenue Service (IRS), settling the entire amount in a single…
Growing Deficit And The Future Of U.S. Fiscal Policy
Tax Analysts' chief economist Martin Sullivan discusses the Congressional Budget Office’s latest economic forecast, new insights on the effects of…
What Is a Gift Loan and How Does It Work?
A gift loan is essentially a loan with an interest rate well below the market average, or even no interest…
How To Help Businesses Navigate An Evolving UK VAT & Customs Duty Regime
Focusing on control Increasingly businesses are focusing on their governance and ensuring robust processes and controls are in place to…
