While bonuses are subject to income taxes, they don’t simply get added to your income and taxed at your top marginal tax rate. Instead, your bonus counts ...
Cash balance plans are a great way to save for retirement while reducing taxes. As a business owner or self-employed individual, if you are making a lot o...
Generally, your traditional IRA account is made with pre-tax dollars, so there is no problem with rolling money over into a 403(b) plan. You cannot roll a...
There are unlikely to be any immediate tax consequences if parents or other family members make you a loan. But if you agree to pay them interest, the len...
An S Corporation’s income, losses, deductions, and credits pass through to its shareholders’ personal federal income tax returns. An S Corp’s remaining pr...
Other items of exclusion tax income include certain benefits received from insurance, disability, injury or similar payments. Also excluded are benefits a...
Also known as a UK marriage visa, a spouse visa allows married partners of UK citizens to immigrate to the UK because they are married to someone who is ‘...
Business owners may qualify to claim the home office deduction if they have their own business and use a portion of their home as their principle place of...
Office-Holder-Employees In relation to churches, the recent court cases indicate that pastors are likely to be both office-holders and employees. What is ...
It is possible to use your superannuation to purchase land. Your super fund’s investment menu and investment strategy will determine how you can invest yo...