Fiducial Blog – Page 93

SECTION 529 PLAN

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January 13, 2015

Qualified Tuition Plans (also known as Section 529 Plans) are…

BEWARE OF THE ONE-PER-12-MONTH IRA ROLLOVER LIMITATION BEGINNING IN 2015

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January 13, 2015

Article Highlights: 60-Day limit New interpretation New…

SHARED EQUITY ARRANGEMENT

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January 11, 2015

A shared equity arrangement is a method of financing the purchase…

STANDARD DEDUCTION

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January 10, 2015

Most taxpayers are permitted to deduct either a standard deduction…

DON’T FORGET THOSE NOMINEE 1099S

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January 8, 2015

Article Highlights: Who is a nominee? What a nominee must do Allocating…

STEPPED-UP BASIS

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January 8, 2015

When property is inherited, the basis for the beneficiaries is…

TAX CREDITS

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January 7, 2015

A tax credit is a tax benefit that offsets the tax dollar for…

TAX CREDITS

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January 7, 2015

A tax credit is a tax benefit that offsets the tax dollar for…

2015 STANDARD MILEAGE RATES ANNOUNCED

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January 6, 2015

Article Highlights: 2015 standard mileage rates Business,…

TAX IDENTIFICATION (ID) NUMBER

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January 6, 2015

For most individuals, their tax identification number is their…

TAX IDENTIFICATION (ID) NUMBER

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January 6, 2015

For most individuals, their tax identification number is their…

TAXABLE INCOME

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January 5, 2015

This can mean income that is taxable as opposed to income that…

TAX BRACKET

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January 4, 2015

Try to envision income that is included on a tax return as blocks…

UNEARNED INCOME

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January 3, 2015

Is income not earned from personal services. Examples are income…

THE EARNED INCOME CREDIT

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January 2, 2015

The EITC is for people who work, but have lower incomes. If you…

WITHHOLDING

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January 2, 2015

This term is applied to amounts that are withheld from income…