Investment Strategy. Options. Important. This post is NOT investment advice. Investments in Etrade options are NOT FDIC-insured and may lose value all the way to…
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What Does Business Analysis Help You With?Business Analysis Help Business Owners To Find Errors. Finding errors in your accounting records are beneficial to your business.…
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What Does Business Analysis Help You With?Business Analysis Help Business Owners To Find Errors. Finding errors in your accounting records are beneficial to your business.…
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Tatiana Loughman, EA, ChE
Investment Strategy. Options. Important. This post is NOT investment advice. Investments in Etrade options are NOT FDIC-insured and may lose value all the way to $0. Buying puts/shorting a stock has severe or unlimited risks. Day…
IRS tax forms change all the time. The most beneficial way to find the latest forms is: IRS.gov/latestforms IRS.gov/allforms IRS.gov/draftforms IRS.gov/formchanges IRS.gov/formsupdates Sometimes forms are not updated by the April 15th. You can view a…
What's new in 2020 tax? Let's recap 2020 deductions from adjusted gross income: jury duty 199A deduction capital losses unemployment benefits repayments foreign housing (limitations applies) unreimbursed travel expenses (National Guards and Reserve members) certain…
You can be audited by: mail, you visiting an IRS office, the IRS visits your office. What are your options: you can agree with the audit opinion respond with a written protest (file an Appeal)…
As not that many people know, many people and companies work in the business of bringing whistleblower case to the IRS and getting paid well doing it.People always need extra money and significantly extra big…
Energy credits for home and vehicle: (IRS source)?Internal Revenue Code Section 30D provides a credit for Qualified Plug-in Electric Drive Motor Vehicles, including passenger vehicles and light trucks. For vehicles acquired after 12/31/2009, the credit…
I didn't file FBAR and now owe $10,000 in penalties! If you are a US citizen, a Green card holder, a US organization have an interest in a foreign account, foreign entity, have several accounts,…
College Tax Credits What does the U.S. tax code say about college tax credits? 26 U.S. Code ??25A.American Opportunity and Lifetime Learning credits The code says, there are two credits that shall be allowed against…
Biden Tax Plan Proposal Biden proposes a 10% offshore surtax penalty and a 10% onshore "Made in America" tax credit.? The 10% penalty applies to US multinational companies that manufacture their products offshore. Income outside…
Who is responsible for reporting foreign accounts? Entities that don't comply with FATCA are subject to 30% withholding. FATCA is about disclosing accounts, not about collecting taxes. What are the key participants? Who is required…
