por idmg | Dic 2, 2020 | Información
Turn Your Home Office Into a Tax Deduction If you are working from home for the first time in 2020, you may be wondering if your home office is tax deductible. The bad news? If you’re working from home for an employer, you normally can’t deduct your home office...
por idmg | Oct 6, 2020 | Información
You can defend yourself against these scammers by knowing these simple rules: Rule 1: Expect a letter first In almost every case, the IRS will send you a letter via standard mail if they need to get in touch with you. This will alert you to expect future communication...
por idmg | Sep 9, 2020 | Información
Each year the IRS publishes their activities in a publication called the Data Book. And each year for the past number of years the number one target of audits are those tax returns with a Schedule C for small business activity. So how to prepare yourself for a...
por idmg | Ago 1, 2020 | Información
Basic Financial Documents You Must Have There are some basic financial arrangements that all individuals should consider making, no matter what their age or circumstances. But if you have a family, these basic documents become essential. A Will. As you know, a will...
por idmg | Ago 1, 2020 | Información
Taxable or Not Taxable? Some of these items may surprise you. There are a number of areas in the tax code that cause confusion as to the taxability of money received. Here are some of the most common areas of confusion. Unemployment...
por idmg | Jun 16, 2020 | Información
If you start your own business, improve your chances for success by avoiding these common pitfalls. Lack of money. You’ll probably need capital to start your business, plus a cash reserve until your business becomes self-sufficient. Plan your cash needs...
por idmg | Jun 9, 2020 | Información
Do you need a quick infusion of cash? Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, you may be able to take money out of a qualified plan, like a 401(k), or an IRA, with favorable tax consequences. But should you do it? You might view...
por idmg | Jun 9, 2020 | Información
With the tax filing extension giving you until July 15th to file your return, it is easy to overlook ways to avoid receiving a letter from the IRS. Here are some of the most common tax filing mistakes: Forgetting a W-2 or 1099. The IRS does an effective job comparing...
por idmg | Jun 8, 2020 | Información
Your tax bill is now due and you may be considering paying the bill with your credit card. Is this a good idea? How does it work? Here is what you need to know The IRS has contracted with a few credit card merchants to offer credit cards as a method of payment. Why...
por idmg | Jun 1, 2020 | Información
Es un crédito que nace en los años 80, es un crédito que crea el gobierno con el objetivo de favorecer a las personas que tienen bajos o medianos ingresos. Es un crédito reembolsable, por lo tanto le puede dar dinero a usted, recordemos que hay créditos que no son...
