The Kiddie Tax: Friend or Foe? Understanding the Rules for Taxing Your Child’s Income
The “Kiddie Tax” aims to prevent high-income parents from shifting investment income to children, affecting taxation strategies significantly.
The “Kiddie Tax” aims to prevent high-income parents from shifting investment income to children, affecting taxation strategies significantly.
June 2024 tax alert! Employers & businesses: deposit payroll taxes & corporations make estimated tax payments. Stay compliant, avoid penalties!
Stay on top of June tax deadlines for employer & individuals. Avoid penalties with estimated tax payments & filing extensions.
Employers can offer Roth 401(k) options, allowing after-tax contributions for tax-free retirement distributions, maximizing your retirement income potential.
Explore tax benefits for public safety officers, including pension exclusions, PSOB program, and retirement plans, to maximize financial relief.
Learn how to handle IRS letters effectively, avoid scams, and seek professional assistance to resolve tax issues promptly and efficiently.
Self-employment entails tax responsibilities, including self-employment tax and estimated tax payments. Maximize deductions and consider retirement plans for tax benefits.
Wondering if you qualify for unemployment benefits? Learn eligibility criteria, application process, benefit calculation, duration, and tax implications.
Maximize income tax savings: 1) Defer income; 2) Shift income to lower-tax family members; 3) Optimize deductions; 4) Strategic investment planning; 5) Year-end planning.
Inheritance brings tax benefits with basis adjustments, whereas gift implications include potential capital gains tax burdens.
JS Morlu LLC
2200 Opitz Blvd, Woodbridge
Virginia 22191, USA
Tel: 703 594 4944
Email: [email protected]
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