IRS Archive

Paying for Infrastructure With Pixie Dust

TweetShareSharePin0 Shares President Biden and a bipartisan group of senators have agreed to the framework of a plan to boost infrastructure spending by about $579 billion. On top of already planned spending for roads, bridges, transit, water, and broadband, it would amount to a massive $1 trillion.  And they have agreed to pay for it

IRS warns of pandemic-related tax scams in ‘Dirty Dozen’ for 2021

TweetShareSharePin0 Shares Thieves stealing economic impact payments and unemployment benefit checks head the list of this year’s IRS “Dirty Dozen” of tax-related scams and schemes (IR-2021-135). The warning Monday about “pandemic-related scams” was the first of four installments this year in which the IRS highlights egregious tax-related crimes and misdeeds against which it is advising

Learn The Tax Benefits Of A Flexible-Benefits Plan

TweetShareSharePin0 SharesLearn The Tax Benefits Of A Flexible-Benefits Plan Flexible-benefits Plan (FBP) is an employee benefits plan which helps the employees’ to save considerable amount of taxes by paying certain expenses from their pre-tax income. Some of the eligible expenses from pre-tax income are medical, vision, dental, elder care, and dependent care. All state employees

The IRS May Get a Budget Boost…If Congress Passes The Infrastructure Bill

TweetShareSharePin0 Shares Threading the infrastructure needle. On Thursday, to keep progressive congressional Democrats happy, President Biden said he would not sign a $1 trillion infrastructure bill unless it is paired with a larger package of social spending. Republicans immediately objected, saying last week’s infrastructure agreement with a small bipartisan group of senators included no preconditions.

How To Purchase An Annuity

TweetShareSharePin0 SharesHow To Purchase An Annuity An annuity is a contract with an insurance company to make periodic payments for retirement income and sometimes other purposes. There are basically two types of annuities. Fixed Annuities A fixed annuity earns a guaranteed interest rate over a specific period of time. When this period of time expires

Payroll Outsourcing, Top 9 Reasons

TweetShareSharePin0 SharesPayroll Outsourcing, Top 9 Reasons Do you want any of the following?  Get the best in payroll processing for less.  Deflect unwanted and unwarranted government interference.  Protection from check fraud artists who could/would raid your bank account.  Take advantage of Tax Credits that you may not even know exist. 

Money-Saving Tool Available For Real Estate Investors

TweetShareSharePin0 SharesMoney-Saving Tool Available For Real Estate Investors The recent housing market boom has resulted in a substantial rise in the number of new property investors. What new investors might not know is that investment property depreciation is the second most frequently missed deduction on federal income tax forms. But there’s help. A new service

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