As a result of the 2016 Combat-Injured Veterans Tax Fairness Act, more than 133,000 injured veterans may qualify for a federal tax refund. The minimum refund is estimated at $1,750, meaning the government will be paying out an estimated minimum…
https://www.islernw.com/wp-content/uploads/2018/08/Injured-Veterans-Entitled-to-Tax-Refunds.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-04 01:52:572018-08-04 01:52:57133,000 Injured Veterans Entitled to Tax Refunds
Offer in Compromise FAQs
We’re all responsible for paying our fair share of taxes each year. But what happens when the amount that you owe is simply out of reach? What happens if you failed to make payments in a timely manner and your financial…
https://www.islernw.com/wp-content/uploads/2018/08/Offer-in-Compromise.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-08-01 08:47:152018-08-01 08:47:15Offer in Compromise
The process of starting a small business can be an arduous one; there are numerous steps that need to be taken — and often in a precise order — to legally establish a business. As a result, the process can be overwhelming. Unfortunately,…
https://www.islernw.com/wp-content/uploads/2018/07/10-Mistakes-Most-Small-Business-Owners-Miss-When-Starting-Out.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-28 04:12:592018-07-28 04:12:5910 Mistakes Most Small Business Owners Miss When Starting Out
The Health Savings Account (HSA) is one of the most misunderstood and underused benefits in the Internal Revenue Code. Congress created HSAs as a way for individuals with high-deductible health plans (HDHPs) to save for medical expenses that…
https://www.islernw.com/wp-content/uploads/2018/07/Health-Savings-Accounts-Fill-Multiple-Tax-Needs.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-25 11:53:542018-07-25 11:58:36Health Savings Accounts Fill Multiple Tax Needs
Section 107 of the Internal Revenue Code provides that a minister of the gospel’s gross income doesn’t include the rental value of a home (parsonage) provided; if the home itself isn’t provided, a rental allowance paid as part of compensation…
https://www.islernw.com/wp-content/uploads/2018/07/IRS-Clergy-Tax-Changes.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-21 00:30:562018-07-21 00:30:56Clergy Tax Benefits Under Fire
Years ago, to prevent parents from transferring their investment accounts into their children’s name to avoid taxes, Congress created what is referred to as the kiddie tax. This counteracted the strategy of taking income from the parents’…
https://www.islernw.com/wp-content/uploads/2018/07/Big-Changes-to-the-Kiddie-Tax.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-18 07:00:042018-07-18 07:00:04Big Changes to the Kiddie Tax
Gift taxes were created to prevent wealthy taxpayers from transferring their estates to their beneficiaries via gifts and thus avoid estate taxes when they pass away. But that does not mean only wealthy taxpayers need to be concerned with the…
https://www.islernw.com/wp-content/uploads/2018/07/Taxpayers-Find-Gift-Tax-Reporting-Confusing.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-17 06:16:562018-07-17 06:16:56Taxpayers Find Gift Tax Reporting Confusing
Taxes are similar to vehicles, in that they sometimes need a check-up to make sure they are performing as expected. That is especially true for 2018, with all of the changes brought about by tax reform.
One area of major concern is the…
https://www.islernw.com/wp-content/uploads/2018/07/A-Mid-Year-Tax-Checkup-May-Be-Appropriate.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-13 00:45:092018-07-13 00:45:09A Mid-Year Tax Checkup May Be Appropriate
Prior to the passage of tax reform, individuals who moved as the result of a job change or job relocation could deduct their unreimbursed moving expenses if the driving distance from their home to the new job location was at least 50 miles more…
https://www.islernw.com/wp-content/uploads/2018/07/Moving-Deductions-are-Kaput.jpg420850IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-06 04:19:472018-07-06 04:19:47Moving Deductions are Kaput
A frequent question is whether inheritances are taxable. This is a frequently misunderstood question related to taxation and can be complicated. When someone passes away, all of their assets will be subject to inheritance taxation, and whatever…
https://www.islernw.com/wp-content/uploads/2018/07/Is-Inheritance-Taxable.jpg320845IslerNWhttps://www.islernw.com/wp-content/uploads/2013/12/header_logo_trans.pngIslerNW2018-07-03 23:37:252018-07-03 23:37:25Is an Inheritance Taxable?
133,000 Injured Veterans Entitled to Tax Refunds
Tax News, TaxesOffer in Compromise
Tax Tips, Taxes10 Mistakes Most Small Business Owners Miss When Starting Out
Business, Business Development, Corporate, Education, Entrepeneurship, Finance, GrowthHealth Savings Accounts Fill Multiple Tax Needs
Health Savings AccountsClergy Tax Benefits Under Fire
2018 Tax Laws, TaxesBig Changes to the Kiddie Tax
2018 Tax Laws, TaxesTaxpayers Find Gift Tax Reporting Confusing
2018 Tax Laws, Gift Tax, Tax Tips, TaxesA Mid-Year Tax Checkup May Be Appropriate
TaxesMoving Deductions are Kaput
TaxesIs an Inheritance Taxable?
Inheritance, Tax Tips, Taxes