Finance Planner

It is the beginning of a brand new 12 months, which implies it is a good time to begin excited about submitting your taxes. However what in the event you nonetheless have previous taxes to file? Is it a good suggestion to file final 12 months’s taxes in the event you nonetheless owe taxes from…

Subpart F guidelines restrict deferral of international revenue by house owners of international companies. Earnings of a international company owned by U.S. taxpayer(s) are typically not topic to taxes within the USA till remitted. This basic rule is topic to a number of anti-deferral regimes, together with Subpart F. U.S. shareholders (typically U.S. individuals proudly…

Short sales are all the rage in creative real estate circles today. Books, tapes, and courses are being offered everywhere, purporting to show investors how to make “huge profits” in foreclosure investing, especially for those with no cash or credit. What exactly is a “short sale?” A short sale occurs when the bank let’s a…

A wage garnishment is a legal procedure through which a percentage of a person’s earnings are withheld by an employer for the payment of a debt. Most wage garnishments are made by court order. Other types of wage garnishments are of legal or open procedures made by the IRS or state tax collection agency levies…

Tax time always makes us reflect how what we have done. If that reflection leaves you with questions, then it is time to consider working for yourself. People who work for themselves look forward to tax time. Why? Because we plan all year to be rewarded come tax time. We have changed our lives from…

Garnishment law has been in force to improvise the mode of collection of payment for the money due towards the federal government or any other creditor. Garnishment law also states wage garnishment according to which the money is deducted directly from the person’s salary after assessing the monthly expenses vis-à-vis monthly income. Garnishment law can…

Many small real estate owners (1-4 unit properties) are confused about the best entity to hold their real estate, with potentially disastrous consequences. In fact, the majority of small property owners still own their properties in their personal names. Perhaps they read a book or take a course on asset protection. They become aware of…

Whole life insurance is one of the most commonly utilized forms of insurance. Often referred to as “permanent” or “straight” life insurance, it is a form of life insurance that can be maintained through one’s entire life. Whole life insurance policies are popular due to their ability to provide financial protection for beneficiaries while simultaneously…

There have been a good number of inquiries as to whether it is time to refinance home loans. Of course, the answer definitely would depend on the whole scenario for each borrower. Our company policy is very different from other mortgage companies. We make sure we get all income/asset/credit information from the borrowers and then…

An accountant’s job entails working to ensure that business firms and individuals are keeping good records and paying taxes properly and on time. Though the accountant job description for some accounting positions may be simple, other accountant job descriptions are not quite as clear because of the number of duties that are required. In general,…