Take Advantage of the Tax Benefits Provided by Coronavirus Relief Measures. Don’t Take the Standard Deduction If You Can Itemize. Claim the Friend or Rela...

In general, there are seven tax brackets for ordinary income – 10%, 12%, 22%, 24%, 32%, 35% and 37% – with the bracket determined by filers’ taxable incom...

California Governor Newsom has signed Assembly Bill 2257,exempting freelance writers, musicians, artists and others from the stringent rules established b...

Under the State Income Tax Levy Program, the IRS can levy (take) your state tax refund to offset back taxes, addressing any tax debt you might owe. If thi...

Tax Brackets for income earned in 2020 37% for incomes over $518,400 ($622,050 for married couples filing jointly) 35%, for incomes over $207,350 ($414,70...

Droughts, seasonal variations in rainfall, and pumping affect the height of the under groundwater levels. If a well is pumped at a faster rate than the aq...

The IRS recently clarified its opinion on the tax treatment of asset-based (wrap) fees imposed on investment accounts. In addition, taxpayers who are requ...

Cash-in-Lieu is a cash payment made to owners of fractional shares that result from corporate actions. The cash rate is predetermined by the company perfo...

They also protect their clients by making sure that every financial transaction is compliant with federal laws and regulations. Bookkeepers can work for c...

Second, even if someone is a “direct seller” under the Internal Revenue Code, that doesn’t mean they’re automatically independent contractors under other ...