Filing for an extension of the tax deadline

FILING FOR AN EXTENSION OF THE TAX DEADLINE The Internal Revenue Service extended the deadline to file income tax for individuals to May 17, 2021, on account of the coronavirus pandemic. Bear in mind that May 17 does not apply to residents of Louisiana, Texas, and Oklahoma who were affected by the February storms- the deadline for these residents has been extended to June 15, 2021. However, if [...]

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How to manage taxes in a small business

Published on 21/06/2021 The last couple of years have seen small businesses pacing up to rampant growth. Be it due to the power of social media or inherent improvement in [...]

What does the Covid-19 retirement rush mean?

Published on 14/06/2021 Traditionally, people have strongly believed that age is just a number and have been pushing past the retirement age to continue earning till they [...]

How to reduce your Capital Gains Tax & Estate Tax

Published 06/06/2021 Capital gains tax is levied on investments and real estate when the investor sells them after holding them for a year. Capital gains tax is charged on [...]

May 17 Tax deadline has passed. What to do now?

Published on 28/05/2021 Now that the May 17 deadline to file your taxes has passed, wondering what to do next? The good news is that there are no extra charges or [...]

How to avoid a retirement tax problem

Published on 22/05/2021 One of the key goals while investing is to save enough capital for one’s retirement. That is the primary reason for putting money in a retirement [...]

10 mistakes to look out for this tax-filing season

Published on 08/05/2021 Tax season can be stressful as such. The miseries of the global pandemic have made the tax season even more harrowing. Not to mention the reforms [...]

A valuable tax credit for the self employed in 2020

Published on 03/05/2021 The last year has been particularly stressful. Americans have been pushed to the breaking point by the global spread of coronavirus. Families have [...]

How to pay fewer taxes in retirement

Published on 26/04/2021 Fulfilling short-term goals is one reason for slogging for hours and going after well-paying jobs. Another reason is to build a corpus that helps [...]

Tips to give yourself extra tax break this year

Published on 18/04/2021 The Covid-led pandemic shows no signs of abating yet and there are wave after wave of infection seen across the world. The IRS has been [...]

5 ways to get a kickstart on your tax filing plans

Published on 11/04/2021 The window for filing taxes has been extended to May 17 amid all the changes in the tax law due to the pandemic. The extension is a blessing, [...]