Fiducial Blog – Page 92

ADJUSTED GROSS INCOME (AGI)

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February 21, 2015

This may be the most important tax term since the tax code uses…

ALTERNATIVE MINIMUM TAX (AMT)

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February 20, 2015

A different way of computing one’s tax liability; it MUST be…

RECEIVE YOUR REFUND FASTER WITH DIRECT DEPOSIT

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February 19, 2015

Article Summary: Speed Security Convenience Options …

BASIS

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February 19, 2015

Basis is the dollar value from which a taxpayer measures any…

BUSINESS GIFTS

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February 18, 2015

Gifts to customers, business contacts, clients, etc., are deductible…

DON’T OVERLOOK THE SPOUSAL IRA

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February 17, 2015

Article Highlights: Spousal IRA Compensation requirements …

CAPITAL GAIN

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February 17, 2015

Gains from the sale of certain assets owned for more than one…

CAPITAL LOSS

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February 16, 2015

This is generally a loss from the sale of investment property…

CONSTRUCTIVE RECEIPT

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February 15, 2015

Generally, most individual taxpayers are considered cash basis…

CONSUMER DEBT

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February 14, 2015

This term is used to describe debt incurred to purchase consumer…

DEPENDENT

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February 13, 2015

Typically, an individual’s minor child is thought of when the…

IMPORTANT TIMES TO SEEK ASSISTANCE

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February 12, 2015

Article Highlights When to seek professional assistance Examples…

DEPRECIATION

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February 12, 2015

This is a tax deduction that is taken to reflect the wear and…

DIRECT TRANSFER

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February 11, 2015

Is a method of moving retirement and IRA funds directly from…

THE AFFORDABLE CARE ACT CAN BRING SURPRISES AT TAX TIME

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February 10, 2015

Article Highlights: New Tax Return Complications Shared…

EARLY DISTRIBUTIONS

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February 10, 2015

Generally, when a taxpayer withdraws funds from a qualified plan…