A Lesson In Business Basics Bajacorp Whether you are a seasoned business veteran or a newly minted employee entering the workforce, there are some basic tips to keep in mind that will help you differentiate yourself as you continuously work to cultivate your personal brand. Here are my thoughts on the basic business etiquette every
Taxes
Few parts of the tax code seem to generate more widespread misunderstanding than the rules for selling a home. At least, that’s been my experience. The rules are fairly simple, as least compared to most of the tax code. Yet, there’s a lot of misinformation floating around. One problem seems to be that many people
Masses of vehicles on November 22, 2017 in Chicago, Illinois. (Photo by Patrick Gorski/NurPhoto via Getty Images) Patrick Gorski/NurPhoto Economists love carbon taxes. According to polls, so do roughly two-thirds of Americans. Yet voters in one of the bluest states in the nation, Washington State, twice rejected a carbon levy in recent years. What’s going
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column addresses whether filing and suspending is still a viable option, when spousal benefit can be available, when delayed retirement credits are applied to retirement benefit checks, survivors eligibility for Medicare
Getty Did you owe an estimated tax penalty for 2018 but didn’t claim the waiver? All is not lost. The Internal Revenue Service (IRS) has announced that it is waiving the estimated tax penalty for those eligible taxpayers who filed their 2018 federal income tax returns but did not claim the waiver. The relief is
HSA (Health Savings Accounts) can be a tax-efficient way to save for future health care expenditures Getty Health Savings Accounts (HSAs) might be the single most powerful tax-advantaged savings vehicle in the IRS tax code. You can deduct contributions, experience tax-deferred gains and withdraw money tax free for qualified tax expenditures. It’s essentially a no-tax
Getty The Internal Revenue Service (IRS) has issued a reminder to taxpayers with significant tax debts: reach out now to avoid losing your passport. On December 4, 2015, the Fixing America’s Surface Transportation Act, or “FAST Act,” became law. Under the FAST Act, the State Department can yank passports from delinquent taxpayers after notification from the IRS
TV personalities Todd Chrisley (L) and Julie Chrisley attend the 52nd Academy Of Country Music Awards at Toshiba Plaza on April 2, 2017 in Las Vegas, Nevada. (Photo by Frazer Harrison/Getty Images) Getty Images A federal grand jury has indicted reality television stars Todd and Julie Chrisley on multiple counts of conspiracy, bank fraud, wire
Social Security may be one of your largest assets. What and when you collect will make a huge difference to your lifetime benefits. Today’s column examines how spousal benefits are determined, whether it pays to switch from disability to retirement benefits early, whether mistaken Medicare payments can be recovered, effects of incarceration on benefits and
The Tax Court opinion of Judge Daniel Guy in the case of Giving Hearts, Inc. illustrates a waste of IRS resources and focus that is the result of our choice to have the wrong agency regulate not-for-profit organizations. If bad acting by an exempt organization is facilitating significant federal tax avoidance, having the IRS on the