Taxes Would Soar for Top 1% Under Biden Taxes
If you anticipate making $800K or more this year, you may want to read this. With the upcoming Biden’s tax plan, the top 1% of households...
So how exactly do the richest people on Earth avoid paying taxes?
The secret lies in the fact that US tax law focuses on taxing income, however, the majority of their wealth is tied up in company stocks...
The second quarter estimated tax payments are due on June 15th!
The second quarter estimated tax payments are due on June 15th! So, if you’re a business owner or self-employed (freelancer, independent...
Texas Franchise Tax Due June 15!
If you have a company or maybe doing business in the state of Texas, it is required that you file the Texas Franchise Tax whether your...
Use ERC rules to MAXIMIZE CASH in 2021
We have good news and we have great news! A client of ours has just received a huge refund of few hundred thousands from IRS after we...
Biden Targets Crypto Tax Evaders
There has been growing concern of potential tax fraud or evasion in virtual currency trading due to the lack of proper controls and...
President Joe Biden has proposed a 39.6% top marginal income tax rate
President Joe Biden has proposed a 39.6% top marginal income tax rate, it was originally 37% to help fund the American Families Plan....
Capital-Gains Tax Rate Increase Started in Late April
If you are a high-income earner anticipating huge capital gain in the current year, this news will be relevant to you. President Biden’s...
The Child Tax Credit Payments are coming: Everything to know
Good news! You maybe receiving additional payments from IRS if you have kids! The Child Tax Credit Payments are coming! Based on the...
Do You Need To Keep Your Old Tax Returns?
Now that you have filed your taxes for 2020, you wonder what you should do with your old records from previous years. Should you keep...
