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Showing posts with the label taxes

Damon Paull's financial blog - Financial Advisor in Houston, Texas.

Hello and welcome! My name is Damon Paull, and I’m delighted to have you here on my business and finance blog. As a proud Marine Corps veteran who has traveled to over 20 countries and worked in multiple regions across the world, I am eager to share my wealth of experiences with you. From captivating financial adventures to practical tips that will help you meet your objectives -  I love helping business owners and veterans! We’ll explore an array of topics such as employee benefit packages, various retirement savings options like 401(k) plans, SEP-IRAs, Solo IRAs, Traditional IRAs, and Roth IRAs. Additionally, I’ll be sharing valuable insights from my knowledgeable CPA tax team to keep you informed about current tax strategies.   Stay tuned for inventive investment portfolio ideas that can set you on the path towards financial freedom. We will also discuss timely stock market updates and essential estate planning concepts. To round it off, we’ll delve into pertinent insurance informa...

ERC

< div class=" et_pb_module et_pb_text et_pb_text_0 et_pb_text_align_center et_pb_bg_layout_light" design=" box-sizing: border-box; margin: 0px 0px 28.1924 px; cushioning: 0px; boundary: 0px; outline: 0px; text-size-adjust: 100 %; vertical-align: standard; background-image: first; background-position: 50% facility; background-size: cover; background-repeat: no-repeat; background-attachment: initial; background-origin: initial; background-clip: initial; setting: loved one; animation-timing-function: linear; animation-duration: 0.2 s; overflow-wrap: break-word; text-align: center;" > It's credit connected with work taxes, yet it's based upon wages you paid to your workers, so it's basically satisfying you as an employer for maintaining your people paid throughout the pandemic. Developed by the CARES Act, the ERC is   a refundable tax obligation credit-- a grant, not a financing-- that an organization can assert even if they had to close down service p...

San Diego Offer in Compromise - Strategies To File An OIC With The IRS

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What is really The IRS Offer in Comprise ( OIC ) Plus How Does It Work ? Revenue tax is a kind of tax levied by the government on individuals , companies , and also other entities . The IRS gathers earnings tax obligation from the people of the United States and it is the obligation of the IRS to make sure that the tax obligations are paid in a timely manner . The IRS has a system called the Offer in Compromise , which enables people that owe back tax obligations to leave paying them off . This is a legal arrangement between you and the IRS that you will concur to pay off your back taxes in a certain method , in exchange for some kindness . If you have actually been unable to pay your back tax obligations because of a clinical emergency or because of various other unpredicted scenarios , then you may be able to ...

Bookkeeping service for small businesses is the key to lower taxes

The most needed service april is experienced tax consultant, but this is not the only part of the year when accountants are looked for, specially if you are serious about protecting your money. So for everyone who wants to know how to choose an affordable accountant we highly recommend checking out this short video. CPAs say that if you want to ´reduce your taxes|pay less taxes} you must plan ahead. That is to say that the first month of the year is the starting point to make sure you pay less when tax time comes around. Whether it is business or personal taxes, proper planning is the best tax lowering strategy to execute. So if you want to pay less at tax time, you may want to learn how to plan and get professional tips to lower what you pay the government.  tax reduction tips