Social security taxes can sink your finances depending on your income level. Protect yourself from financial devastation with the expert accounting services from Sterling Accounting.
“Did you know that if your income is high enough, you’ll have to pay taxes on some of your Social Security benefits? In fact, you may have to pay income tax on up to 85% of your retirement benefit checks. Luckily, there are ways to reduce or even eliminate those taxes by making most of your income nontaxable…” [ Read more here ]
As we take on more responsibilities, investments, and endure life changes the tax implications can grow significantly. And the failure to plan this out properly can end in a big debt owed when tax time rolls around…
“In order for taxpayers not to find themselves in an underpayment or failure to pay situation, they should regularly review their tax withholding and schedule of estimated tax payments, particularly after a major life event, such as a marriage, divorce or new job…” [ Read more here ]
Sterling Accounting is your answer for all the operating needs of your rental property. Cut the worry and work, and let the money roll in with little effort on your part!
“Keep in mind that real estate can be a great investment as part of a complete investment portfolio, but you need to be mindful that there is a tax effect and should be one aspect of your concerns…” [ Read more here ]
Sterling Accounting is your one stop shop for cutting through the mess of paperwork, account management, payroll, and the dreaded tax time. Get the financial experts on your side and open up time to focus on extending the horizon’s of your business!
Jeff Bezos temporarily dethroned Bill Gates as the world’s richest man, but with much of his stock tied up in business dealings it was a temporary win, with the battle now on for the title!
“The vast majority of the Bezos fortune is tied up in Amazon stock, of which the CEO owns nearly 17%. That stake alone is worth $83 billion, meaning Bezos could just as quickly lose his new title as the world’s richest man should Amazon’s stock decline, or Microsoft’s value rise…” [ Read more here ]
Is your real estate property management eating up your entire day? Delegate the hard work to Sterling Accounting, and open your time to new ventures. Rumors were flying this weekend of Amazon’s ambitions to get into the real estate game, but it seems they were just that…
“Various websites spotted an Amazon web page, later taken down, that they described as a placeholder page for a future offering of “hire a realtor” services.
The reports coincided with — or perhaps sparked — a nearly 4 percent plunge in Zillow’s stock price early Wednesday to $44.42.
Depending on your situation, personal taxes can be a nightmarish task, but it still won’t hold a candle to the expertise needed to work through a business tax codes… and if you don’t get it right – the IRS will be at your front door. Hear from one mom and pop’s small business that was leveled to the ground due to tax problems.
Worry is still ringing in with Brexit dealing still on the table. But a number of individuals are citing their concerns if the negotiations end in a “no deal” outcome…
“The BCC surveyed 2,400 firms around the UK about their expectations and hopes for Britain’s exit from the EU with only 2% saying that leaving the bloc without a trade deal and reverting to World Trade Organisation rules is a feasible and beneficial outcome for the country…” [ Read more here ]
What is an Insurance Dedicated Fund (IDF)? Many are finding that this practice is a safe way of avoiding some big taxes…
“Many IDFs are owned inside of life-insurance policies, but they can also be held in annuity contracts, which have different tax implications. There’s no official accounting of how much money has been invested, but according to Aaron Hodari, who keeps tabs for Birmingham, Michigan-based Schechter Wealth, it’s at least $15 billion — triple what it was a decade ago…” [ Read more here ]