Housing is a big expense for everyone. The choice generally involves either renting or purchasing – and financing that purchase with a home loan. As of November 2020, the nationwide average for a 30-year fixed-rate mortgage was just under…
https://10keysolutions.com/wp-content/uploads/2019/03/Home-Owner.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-12-26 15:26:012021-02-15 15:27:20What Are the Tax Advantages of Home Ownership?
Thanks to the significant challenges presented by the ongoing COVID-19 pandemic, more Americans than ever are struggling financially. With a lot of people out of work due to the staggering number of business closers, many are turning to credit…
https://10keysolutions.com/wp-content/uploads/2018/02/Tax-Debt.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-12-20 15:19:282021-02-15 15:21:00What You Can Do to Finally Get Out of Credit Card Debt
Low- and moderate-income workers can take steps to save for retirement and earn a special tax credit.
The saver’s credit, also called the retirement savings credit, helps offset part of the first $2,000 workers voluntarily contribute to…
https://10keysolutions.com/wp-content/uploads/2018/03/Seniors.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-12-17 15:10:182021-02-15 15:11:58Saver’s Credit Can Help You Save for Retirement
Advance planning can, in many cases, minimize or even avoid taxes on IRA distributions and other qualified plan distributions. When contemplating future retirement and when to begin tapping taxable IRA and other qualified retirement accounts,…
https://10keysolutions.com/wp-content/uploads/2019/03/Retirement.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-12-15 15:07:172021-02-15 15:08:58IRA Withdrawal Planning Can Save on Taxes
In spite of (or in some cases, because of) the COVID-19 pandemic, and with near-record-low home mortgage interest rates, the housing market has been booming. September 2020 existing home sales were up 9.4% from August 2020 and 20.9% from 2019,…
https://10keysolutions.com/wp-content/uploads/2019/07/Real-Estate.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-12-10 15:04:092021-02-15 15:06:02Sold or Thinking of Selling Your Home?
There are few things that can send a chill down your spine more than mail from the IRS. Just seeing the agency’s name on an envelope’s return address creates anxiety. If you find yourself in that position and open the mail to find a CP2000…
https://10keysolutions.com/wp-content/uploads/2017/11/capitol.jpg341700Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-11-23 19:52:072021-02-15 21:22:20What Happens if I Receive an IRS CP2000 Notice?
It is common practice this time of year for employers to give their employees gifts. Where a gift is infrequently offered and has a fair market value so low that it is impractical and unreasonable to account for it, the gift’s value would…
https://10keysolutions.com/wp-content/uploads/2017/11/employees.jpg215700Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-11-19 19:49:382020-12-23 19:51:46Employee Holiday Gifts May Be Taxable
In spite of COVID-19 restrictions, many entrepreneurs are considering possible new or additional business opportunities. So, if you are planning a new business start-up and are incurring some expenses, you probably anticipate deducting those…
https://10keysolutions.com/wp-content/uploads/2018/09/SU-Design-1538148780.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-11-17 19:46:322020-12-23 19:48:32New Business? Tax Issues to Consider
When Congress initially authorized the Paycheck Protection Program, its intent was to provide loans that would be partially or completely forgiven if used for the intended purposes of helping businesses affected by COVID-19 stay afloat and to…
https://10keysolutions.com/wp-content/uploads/2019/07/Home-Office.jpg315851Mikehttps://10keysolutions.com/wp-content/uploads/2017/07/10keylogo.pngMike2020-11-12 19:43:082020-12-23 19:46:19SBA Questioning PPP Borrowers with Loans Over $2 Million
What Are the Tax Advantages of Home Ownership?
What You Can Do to Finally Get Out of Credit Card Debt
Saver’s Credit Can Help You Save for Retirement
IRA Withdrawal Planning Can Save on Taxes
Sold or Thinking of Selling Your Home?
What Happens if I Receive an IRS CP2000 Notice?
Employee Holiday Gifts May Be Taxable
New Business? Tax Issues to Consider
SBA Questioning PPP Borrowers with Loans Over $2 Million