data and analysis
How are cap gain distributions taxed?
Under current IRS regulations, capital gains distributions are taxed as long-term capital gains, no matter how long the individual has owned shares of the...
Category: Data And Analysis
data and analysis
Why are municipal bond funds dropping?
Muni-bond prices have plunged amid concern about renewed inflation, a flood of supply from issuers and speculation that Congressional Republicans, after w...
data and analysis
Can a student loan be in a parents name?
Some private lenders will let you transfer a student loan to a parent by refinancing it in their name. But federal loans for students have lower interest ...
data and analysis
Is Social Security taken out of dividends?
Pension payments, annuities, and the interest or dividends from your savings and investments are not earnings for Social Security purposes. You may need t...
data and analysis
Is it good to pay off a rental property?
Paying off the mortgage on your rental property can provide instant cash flow going and increase your monthly income leading into retirement. Additionally...
data and analysis
Can single-member LLC be taxed as an S Corp?
For income tax purposes, an LLC with only one member is treated as an entity disregarded as separate from its owner, unless it files Form 8832 and elects ...
data and analysis
Can real estate agents provide legal advice?
You may not consider hiring a real estate lawyer when you’re buying a house, but they can provide legal protections as well as advice. Real estate agents ...
data and analysis
Will 2021 tax payments be delayed?
The IRS announced earlier this month that the federal income tax filing due date for individuals is now May 17, 2021, postponed about month from its tradi...
data and analysis
How do you find the monthly payment?
To calculate the monthly payment, convert percentages to decimal format, then follow the formula: a: 100,000, the amount of the loan. r: 0.005 (6% annual ...
data and analysis
What happens if your spouse owes money to the IRS?
If your spouse owes money to the IRS and you file jointly, you both become responsible for each other’s taxes, penalties, debt, and levies. This means you...
data and analysis
What do you do when you get an IRS bill?
What to do if you owe the IRS Set up an installment agreement with the IRS. Taxpayers can set up IRS payment plans, called installment agreements. Request...
data and analysis
What is a 199 Div?
Section 199A dividends are dividends from domestic real estate investment trusts (“REITs”) and mutual funds that own domestic REITs. These dividends are r...
data and analysis
What are the contributions of Christianity to the society?
Christians have made a myriad contributions to human progress in a broad and diverse range of fields, both historically and in modern times, including the...