What CARES Act Means For Graduates and College Students

COVID-19 has changed our lives drastically. Who would have thought to pass almost half an academic year taking virtual classes, right?  What does this sudden outbreak mean to the college students and graduates? All universities are taking online classes, with students keeping up with the fact that this is what their college life is going to be [...]

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What are the deficit adjusted tax brackets for the year 2021?

Published on 23/11/2020 This year has been anything but easy for the average tax-paying citizen. Businesses have suffered, job losses have been rampant, and people have [...]

Rethink your tax and investment decisions after the elections

Published on 16/11/2020 The year 2020 has seen virtually everything- from our nation being in denial about the coronavirus crisis, millions of job losses, lakhs of people [...]

Estate and Gift Tax Limit For 2021 Has Been Hiked As Per The IRS

Published on 06/11/2020 The erstwhile $11.58 million of the estate and gift tax exemption has been increased to $11.7 million per person. The Internal Revenue Service [...]

Smart tips on how to duck taxes on investments

Published on 30/10/2020 The Federal Government is entitled to many taxes, and understandably so; it is the Government’s primary source of income. A person has to pay [...]

What to expect from the new stimulus package

Published on 26/10/2020 With the new Heroes Act being passed in the House, another $2.2 trillion have been injected into the system to help Americans bear the economic [...]

Use LLCs in a property rental business effectively with these tips

Published on 23/10/2020 A Limited Liability Company (LLCs) is a form of business having combined characteristics of both a sole proprietorship and a corporation. It is a [...]

How Should Small Businesses Analyze Business Insurance Quotes?

Published on 21/10/2020 If some decades ago, you had told your elders that businesses aren't going to be risky in the future, they might have labelled you as a liar. But, [...]

Things to look out for while filling the IRS Form 3115 to change your accounting methods

Published on 19/10/2020 Understanding Form 3115 Form 3115 is an application for change in business accounting methods. This form can either change the entire accounting [...]

Tax during Pandemic for Online Businesses

Published on 16/10/2020 Apparel giant H&M recently announced that it will shut its 250 stores across the world. Zara has announced the closure of at least 1,200 [...]

How Does the IRS Conduct Tax Audits?

Published on 14/10/2020 Tax audits have become the talk of the season with U.S President Trump's tax returns being taken up for debate. The news is scary enough for [...]