Clik here to view.
Tap Your Retirement Money Early & Minimize Penalties
Tap Your Retirement Money Early & Minimize Penalties-www.abataxaccounting.com Year- End Tax Planning – The purpose of retirement plans such as the 401(k) and Individual Retirement Account (IRA)...
View ArticleClik here to view.
YEAR-END TAX PLANNING FOR INDIVIDUALS – CHECK YOUR WITHHOLDINGS
ABA Tax Accounting | Tax Services | St. Paul, MN Accounting Firm Federal, State, Local and International Taxes - With less than two months remaining in the calendar year, it’s a great time to double...
View ArticleClik here to view.
Employers Hiring Veterans by Year’s End May Get Expanded Tax Credit
Employers Hiring Veterans by Year’s End May Get Expanded Tax Credit Year- End Tax Planning – Employers planning to claim an expanded tax credit for hiring certain veterans should act soon, according to...
View ArticleClik here to view.
2013 Tax Filing Season
Federal, State, Local and International Taxes — Following the January tax law changes made by Congress under the American Taxpayer Relief Act (ATRA), the Internal Revenue Service announced it plans...
View ArticleClik here to view.
TAX CHANGES THAT BENEFIT TAXPAYERS FOR 2012
Federal, State, Local and International Taxes – Thanks to the passage of the American Taxpayer Relief Act of 2012 (ATRA), many tax provisions that expired in 2011 were retroactively extended (or made...
View ArticleClik here to view.
How is taxable income computed?
How is taxable income computed? U.S. Persons (U.S. citizens and resident aliens): • gross income (except certain income earned working outside the United States or derived from U.S. possessions);...
View ArticleClik here to view.
Taxable and Nontaxable Income
Federal, State, Local and International Taxes – Most types of income are taxable, but some are not. Income can include money, property or services that you receive. Here are some examples of income...
View ArticleClik here to view.
Child Tax Credit can save you Money
Federal, State, Local and International Taxes – If you have a child under age 17, the Child Tax Credit may save you money at tax-time. Here are some facts the IRS wants you to know about the credit....
View ArticleClik here to view.
The mortgage forgiveness debt relief act and debt cancellation
If you owe a debt to someone else and they cancel or forgive that debt, the canceled amount may be taxable. The mortgage debt relief act of 2007 generally allows taxpayers to exclude income from the...
View ArticleClik here to view.
Facts about Mortgage Debt Forgiveness
Facts about Mortgage Debt Forgiveness If your lender cancelled or forgave your mortgage debt, you generally have to pay tax on that amount. But there are exceptions to this rule for some homeowners who...
View Article
