Tag's: IRS

This part is the last part of filling out your W-4. It's for married taxpayers who have second income, where the second income pushes them over to another tax bracket. So, for example, your income alone might put you at the 12% tax bracket, but however, when you consider your spouse's income or your income from your job or your profits, it puts you at a higher bracket. So, it's just

This is part two of filling out your W4, we have been talking about withholding the right amount of money so at the end of the year, you don't owe or you don't have to pay. In other words, you'll get your money during the year rather than using the IRS as a bank and getting a large refund at the end. If you're a good money manager, you know

Hello, it's tax time. How do you make sure you don't owe at year-end? It's not too early to start thinking about your 2020 tax return. If you've already filed your taxes this year, you might have been in for a rude surprise where you owed more money than you usually will. How can you avoid this so next time this does not happen to you? 'Cause it's so much easier

Today, I'm talking about... Hello there. Are you a real estate professional? Have you heard about the Qualified Business Income Deduction? Are you wondering if that applies to you in your real estate? If you're a real estate professional and you have questions about a Qualified Business Income deduction, you'll want to stay tuned and listen to this presentation. For real estate taxpayers, the IRS issued a safe harbor on

Hello, Evelyn here again talking about meal deduction while traveling. Now, there is a difference between meal deduction when you're eating locally and when you're eating travel... While traveling. Some business owners think that when they stop for breakfast on their way to work, that meal is deductible. I've had to catch it a couple of times in my clients' books. But that notion is wrong. Just because meal and