Did your current CPA raise their prices too much and it’s no longer worth it to stay with them to file your taxes? Are your taxes not that difficult but your current CPA charges higher and higher fees while providing less and less service? Is your CPA retiring and now you are looking for another …
If you are self employed or have a side hustle and you want to put more money into retirement accounts so you can deduct it from your taxes, SEP IRA is an option for you. How much can you put into SEP IRA? If you are self-employed, you can contribute 20% of your business income. …
Here are the top questions people have about collecting social security. We will only be discussing social security retirement income, not SSI or disability.
The Earned Income Tax Credit is for lower income households. Below is a table that shows the maximum income to qualify for the earned income tax credit for 2023
The Positives of Being a Solo Tax CPA Being a solo tax cpa can be challenging and demanding, but it also comes with many rewards and opportunities. Some of the positives of being a solo tax cpa are: Independence and flexibility: As a solo tax cpa, you have the freedom and control to run your …
Rental Property Tax Deductions for Landlords Owning a rental property can be a great way to generate income, but it also comes with some tax responsibilities. As a landlord, you need to report your rental income and expenses on your tax return, and you may be able to deduct some of the costs associated with …
SIMPLE RENTAL PROPERTY TAX DEDUCTIONS TO SAVE YOU MONEY Read More »
am i getting double taxed on my foreign income? If you are a U.S. citizen or resident who earns income abroad, you may be subject to income tax in both the foreign country and the United States. To avoid double taxation, you can claim a foreign tax credit on your U.S. tax return. Here is …
Amazing Foreign Tax Credit To Actually Save You Money Read More »
What is the requirement to file FBAR? You have one or more Foreign Financial Accounts and the Total Value of all these accounts exceeded $10,000 USD at any time during the calendar year. Who needs to file FBAR? U.S. Citizen or Green Card Holder U.S. Resident U.S. Resident means you are not a US citizen …
how to file taxes for cryptocurrency If you sold crypto in 2021 for a gain, you need to report the income. However, the crypto brokerages won’t give you a tax form with all your gains and losses like a usual brokerage does. You are on your own with crypto. You will have to give your …
federal tax brackets 2021 here are the federal tax bracket 2021 tax year by filing status. Call Moontree Tax Service. We will explain how your taxes are being calculated. We can file your taxes for you, so we can answer any questions you might have. No logins required, so you won’t forget turbotax login. See also: Best …
Call For A Free Quote