Green’s 2020 Trader Tax Guide Green & Company Inc. Here is the Highlight section from Green’s 2020 Trader Tax Guide. Tax Cuts and Jobs Act Tax Cuts and Jobs Act (TCJA) was enacted on Dec. 22, 2017, and the law changes took effect in the 2018 tax year. Like many small business owners, traders eligible
Taxes
All I was going to write about was taxes. I hadn’t planned on gay rights, religion, crackpot science and sovereign shenanigans, but as I view the last decade, those things kind of stick out. Go figure. “Then they sent some of the Pharisees and Herodians to trap him with his own words. When they came
The process of using funds from an existing annuity to purchase another annuity is commonly referred to as an annuity exchange. If the funds being used are non-qualified (i.e. not held in something like an IRA), then the exchange would be a 1035 exchange (so named for Section 1035 of the IRS Code, which governs
Getty The Internal Revenue Service (IRS) has announced that tax season will open on Monday, January 27, 2020. And I know what you’re thinking: when are those tax refunds coming? Assuming no delays, here are my best guesses for expected tax refunds based on filing dates and information from the IRS: Refund chart 2020 KPE * No matter
2020 on the horizon. Getty In this episode of Tax Notes Talk, Tax Notes’s Jeremy Scott, Stephanie Cumings, and Andrew Velarde review what happened with tax legislation and guidance in 2019 and what lies ahead in 2020. Read the podcast transcript below. This post has been edited for length and clarity. David Stewart: Welcome to the podcast. I’m David Stewart, editor
Getty The Internal Revenue Service has announced that it has reached an agreement with Free File, Inc. (FFI). According to the IRS, the deal will help make the Free File program more taxpayer-friendly while strengthening consumer protections in several key areas. (You can read the agreement, which downloads as a PDF, here.) “This updated agreement is part of a larger
(Photo by Sandy Huffaker) Corbis via Getty Images Every personal finance commentator tells you to get out of credit-card debt. I’ll take this logic a step further by condemning mortgages. Once upon a time, a mortgage was a ticket to prosperity. Someone who bought a suburban home in the 1960s on a 30-year mortgage enjoyed
Share to facebook Share to twitter Share to linkedin Email concept with hands typing laptop on the blackboard background. Getty In this post (part 4 of 6), we will take a deep dive into what’s covered under the “send” category of the crypto question on Schedule 1 and outline common transactions. Sending cryptocurrencies (transfers between
Share to facebook Share to twitter Share to linkedin Stocks started off 2020 with a bang, before geopolitical tensions took a toll. Spencer Platt/Getty Images Topline: Although the market rallied to kick off 2020 amid renewed global trade optimism, a U.S. air strike that killed a top Iranian general on Thursday night caused stocks to
Getty Getty These are literally the 5 worst ways to pay off student loans. Here’s what you need to know – and what to do about it. 1. Pay only the minimum payment What’s wrong with only paying the minimum payment? After all, that’s your obligation, right? Remember: interest is always accruing on your principal