ACQUISITION INDEBTEDNESS 0 Comments / February 22, 2015 This is the debt used to acquire, build, or substantially... Read more
ADJUSTED GROSS INCOME (AGI) 0 Comments / February 21, 2015 This may be the most important tax term since the... Read more
ALTERNATIVE MINIMUM TAX (AMT) 0 Comments / February 20, 2015 A different way of computing one’s tax liability; it MUST... Read more
RECEIVE YOUR REFUND FASTER WITH DIRECT DEPOSIT 0 Comments / February 19, 2015 Article Summary: Speed Security Convenience Options Funding an IRA Don’t... Read more
BASIS 0 Comments / February 19, 2015 Basis is the dollar value from which a taxpayer measures... Read more
BUSINESS GIFTS 0 Comments / February 18, 2015 Gifts to customers, business contacts, clients, etc., are deductible if... Read more
DON’T OVERLOOK THE SPOUSAL IRA 0 Comments / February 17, 2015 Article Highlights: Spousal IRA Compensation requirements Maximum Contribution Traditional or... Read more
CAPITAL GAIN 0 Comments / February 17, 2015 Gains from the sale of certain assets owned for more... Read more
CAPITAL LOSS 0 Comments / February 16, 2015 This is generally a loss from the sale of investment... Read more
CONSTRUCTIVE RECEIPT 0 Comments / February 15, 2015 Generally, most individual taxpayers are considered cash basis taxpayers. That... Read more
