
29 April 2024 | 2 replies
Calculator should provide amount of conversion tax payments needed, one or multiple conversion options, Medicare IRMAA impacts, various investment percentages of Roth growth vs IRA growth, and RMD amounts with associated tax bill.I’ve seen numerous CFPs hawk their services for $5,000 or more.
30 April 2024 | 4 replies
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30 April 2024 | 1 reply
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29 April 2024 | 3 replies
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27 April 2024 | 3 replies
As the local governments struggle to manage tax payer money responsibly, they should really offer incentives to private builders to build "income restricted" at a much lower price. $220-$300/ft for vertical build costs.

27 April 2024 | 7 replies
The IRS imposes a 20% penalty for inaccuracy when a taxpayer significantly overstates expenses.

28 April 2024 | 15 replies
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27 April 2024 | 21 replies
According to IRS Rule That means at least one of the following is true:The taxpayer works 500 or more hours in the business during the year.· The taxpayer does the majority of the work in the business.· The taxpayer works more than 100 hours in the business during the year, and no other staff works more hours than the taxpayer.Hiring a property management company, therefore, effectively off-loads the primary work from the landlord, allowing for the income generated by the investment to remain passive and lower tax rates than active income.