Article Highlights:
SSA Name Change
IRS Address Change
Postal Service Address Change
Tax Withholding
Tax Filing Status
Marrying A Non-resident Alien
Joint and Several Liability
Beware of Tax Scams
Most weddings…
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Article Highlights:
Income as a Factor
Filing Status as a Factor
85% Maximum Taxable
Base Amounts
Deferring Income
Maximizing IRA Distributions
Gambling Gotcha
Whether your Social Security benefits are taxable (and,…
https://www.islernw.com/wp-content/uploads/2021/08/Isler-NW-blog-header-image-minimizing-on-social-security-benefits-CPA-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-08-03 01:30:472021-08-03 20:31:44Minimizing Tax on Social Security Benefits
There are many ways to encourage delinquent customers to pay. QuickBooks Online’s statements may be effective for you.
After the year-plus you’ve just experienced, the last thing your small business needs is customers who are behind on…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-customers-paying-late-how-to-create-statements-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-30 12:00:062021-08-03 20:31:50Customers Paying Late? How to Create Statements
The Internal Revenue Service has released a midyear report to Congress that details a significant backlog of tax returns dating back to the end of tax filing season, and many of those returns have yet to be processed. While backlogs are not…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-35-million-total-backlog-tax-returns-IRS-had-at-end-of-tax-season-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-27 12:00:532021-08-03 20:31:5435 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
Article Highlights:
The general statute: 3 years
Longer durations in some states
Fraud, failure to file and other issues that extend the statute’s duration
Keeping the actual return
Ordering copies of previously filed…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-how-long-should-you-keep-old-tax-records-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-22 12:00:192021-08-03 20:32:01How Long Should You Keep Old Tax Records?
Article Highlights:
Is It Appropriate to Refinance Your Home Loan?
Refinance Costs
Interest Rates
Credit Score
Borrowing Additional Cash
Loan Term
Itemizing Deductions
With home mortgage rates at historic lows, it may…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-Refinancing-home-mortgage-things-to-consider-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-20 12:00:412021-08-03 20:32:06Contemplating Refinancing Your Home Mortgage? Things You Should Consider
Article Highlights:
Definition of Flipping
Government Will Share in the Profits
Tax Treatment Depends on Being a Dealer, Investor or Homeowner
Distinguishing a Dealer from an Investor
With mortgage interest rates low, flipping…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-tax-rules-home-flippers-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-15 12:00:022021-07-19 19:40:40Tax Rules for Home Flippers
Article Highlights:
Roth IRA Contribution Limitations
Converting a Traditional IRA to a Roth IRA
Circumventing the Limitations
Back-Door Roth IRAs
Pitfalls of a Back-Door Roth IRA
The “All IRAs Are One” Rule
Many individuals…
Freelance work and the gig economy have taken the nation by storm. A study commissioned by the Freelancers Union and freelance platform Upwork revealed that the gig economy’s work force reached an eye-popping 57 million Americans in 2019,…
https://www.islernw.com/wp-content/uploads/2021/07/Blog-header-image-seven-finance-tips-freelancers-gig-workers-Isler-Northwest-CPAs-in-Portland-Oregon.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-08 12:00:002021-07-08 18:55:127 Personal Finance Tips for Freelancers and Gig Workers
Article Highlights
Long-Term Capital Gains Rates
Top Individual Tax Rate
Pass-Through Income Subject to 3.8% NIIT or SECA Tax
Limit Nonrecognition of Like-Kind Exchanges
Transfer of Appreciated Property by Gift or Death
…
https://www.islernw.com/wp-content/uploads/2021/07/Isler-NW-new-blog-header-image-new-tax-rates.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2021-07-06 12:00:332021-07-08 18:09:11The Treasury Green Book of Biden Proposed Tax Changes
Getting Married and Related Tax Issues
Tax Tips, TaxesMinimizing Tax on Social Security Benefits
Tax TipsCustomers Paying Late? How to Create Statements
Business, Small Business35 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
TaxesHow Long Should You Keep Old Tax Records?
Tax Tips, TaxesContemplating Refinancing Your Home Mortgage? Things You Should Consider
Home Ownership, MortgageTax Rules for Home Flippers
Tax TipsBack-Door Roth IRAs
IRA's, Roth IRA7 Personal Finance Tips for Freelancers and Gig Workers
Self-EmploymentThe Treasury Green Book of Biden Proposed Tax Changes
2021 Tax Laws, Taxes