8 08, 2022

Payroll for the Self-Employed

By |2022-08-05T13:45:19-07:00August 8th, 2022|Tax|0 Comments

Payroll for the Self-Employed Payroll for the self-employed can be complex. It is important to understand how it works. It can greatly reduce your tax burden. In this article, you will learn how payroll for the self-employed works and how you can implement it. Self-Employment Tax If you make more than $400 through your [...]

9 03, 2022

Foreign Earned Income Exclusion

By |2022-03-08T14:36:22-07:00March 9th, 2022|Tax|0 Comments

Foreign Earned Income Exclusion The foreign earned income exclusion is a tax exclusion to help prevent US citizens and resident aliens from being subject to double taxation. In this article, we will go over the basics of what the foreign earned income exclusion covers. Foreign Earned Income First, it is important to understand what foreign [...]

27 12, 2021

Taxation for Resident and Nonresident Aliens

By |2021-12-27T10:42:59-07:00December 27th, 2021|Tax|0 Comments

Taxation for Resident and Nonresident Aliens Taxation for resident and nonresident aliens differs from that of U.S. citizens. In this article, we will go over the basics of taxation for resident and nonresident aliens. Resident vs. Nonresident A resident alien is someone who is not a U.S. citizen but has a green card that [...]

4 11, 2021

5 Investment Strategies That Can Lower Your Taxable Income

By |2021-11-04T13:03:23-07:00November 4th, 2021|Advisory, Tax|0 Comments

5 Investment Strategies That Can Lower Your Taxable Income If you consistently owe taxes each year, you may want to try using investments to lower your taxable income. These investments allow you to set aside funds in a way that will reduce the total amount of your income that the IRS can tax. In [...]

22 10, 2021

Taxation of Unemployment Benefits

By |2021-10-21T13:03:50-07:00October 22nd, 2021|Tax|0 Comments

Taxation of Unemployment Benefits With so many people receiving unemployment benefits during the past two years, many are concerned about the taxation of unemployment benefits. In this article, we will go over the basics regarding the taxation of unemployment benefits. What Is Taxable All the unemployment benefits you receive are includable in your gross [...]

2 12, 2020

Tax Identification Numbers

By |2020-12-28T12:11:54-07:00December 2nd, 2020|Tax|0 Comments

Tax Identification Numbers Tax identification numbers, or TINs, are numbers the IRS uses for tracking purposes. In this article, we will go over the basics of tax identification numbers and the different types you may need to use. The Basics TINs are nine-digit identification numbers the IRS uses. They are a way for the [...]

7 10, 2020

Tax Audit-Common Questions Answered

By |2021-10-18T21:32:08-07:00October 7th, 2020|Tax|0 Comments

Tax Audit-Common Questions Answered Tax audit-a phrase that strikes fear into most hearts. A tax audit is something we all want to avoid, but many are not prepared for what to expect. This article will answer some common questions about dealing with a tax audit. How Likely is a Tax Audit? This is one [...]

Go to Top