Common question tax preparers receive concern the taxability of Social Security benefits. Depending on the level of other income, Social Security may be either tax-free or partially taxable. Recipients of Social Security can estimate the extent to which their benefits are taxable by considering their other sources of income.
In general, half of the Social Security income is first added to your other sources of income. That total amount is then compared with a designated threshold level for your filing status.…
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Do you struggle with keeping up with the finances for your business? Being unorganized can lead to you getting in trouble with the Internal Revenue Service (IRS), so you may want to consider hiring an accountant to help out. Find out below why hiring an accountant is a smart business decision, as well as what you are estimated to pay for his or her services.
Why Should a Business Owner Hire an Accountant?…
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FHA mortgage loans are directed toward those in the market for their first home. However, some stray from obtaining an FHA loan based on assumptions that it just isn’t the right loan for them. The reason for this is because FHA loans are often misunderstood. In order to better understand these loans, you will want to know these four little known facts about them, which may just make you reconsider your options:…
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