Net Investment Income Tax -- Part Three: How to Avoid, Limit, and Minimize the NIIT
Net Investment Income Tax -- Part Three: How to Avoid, Limit, and Minimize the NIIT. Lets discuss some taxpayers and estate planning...
Net Investment Income Tax -- Part Two: What doesn’t count as Investment Income and How do I Know if
It is also important to understand which types of income are not considered or included in Net Investment Income. Below is a...
Net Investment Income Tax -- Part One: What is it?
The Net Investment Income Tax (NIIT) effects most taxpayers; however, it has a more substantial impact on business owners and investors. ...
You Can’t Be Serious… Can I REALLY Deduct That?
With tax day looming (tomorrow, Wednesday July 15), we thought it would be interesting to take a look at some of the strangest deductions...
I Owe The IRS More Than I Can Pay Right Now, Help!
If you are one of those people concerned about how you’re going to pay Uncle Sam next week, you have options. If you cannot come up with...
IRS Requests Return of Improperly Issued Stimulus Payments
In late May, the IRS announced that they had sent out approximately 152 million economic relief payments for a total of $258 billion....