If you’re like most people, you probably don’t think much about your income tax until it’s time to file. And if you’re using Robinhood online or Robinhood App to trade stocks, you may be wondering – does Robinhood report to the IRS? The answer is…Yes. Keep reading for more information on how Robinhood reports taxes…
Category: Taxes
IRS Standard Mileage Rates (2021-2022)
Looking to deduct your mileage on your taxes this year? You’re in luck! The IRS has announced the new mileage rates for 2022. taxpayers can now deduct 58.5 cents per mile for business travel, 18 cents per mile for medical or moving expenses, and 14 cents per mile for charitable work. These rates are effective…
What Does Tax Deferred Mean? (Best Guide)
Did you know that there is a way to pay less taxes? It’s true! There are a few ways to do it, but one of the most popular is through something called tax deferred investing. So, what does that mean for you and your money? Keep reading to find out! Meaning of Tax Deferred? Tax…
What is a Qualified Retirement Plan | Best Tax Strategies
When it comes to saving for retirement, there are a lot of options out there. One popular way to save is through a qualified retirement plan. But what is a qualified retirement plan exactly? And how does it work? In this blog post, we’ll break down everything you need to know about qualified retirement plans….
IRS Form 911: Taxpayer Advocate Service (TAS)
Some tax payers may be unaware there is a form specifically for emergency situations with the IRS. Form 911 should be used to contact the IRS in case of an emergency situation that requires immediate attention. This could include debt collection, missing refunds, or any other urgent matter. By using this form, taxpayers can ensure…
Dodge Challenger Tax Write Off 2021-2022 (Best Tax Deduction)
Are you a Small Business Owner who is looking to Learn How to Maximize your Tax Savings using Dodge Challenger Tax Write Off? Do you want to Learn what amount is tax deductible and how to qualify for maximum Section 179 and Bonus Depreciation? In this article we will be discussing how to get Maximum…
BMW 760 Li Tax Write Off 2021-2022 (Ultimate Tax Deduction)
BMW 760 Li was BMW’s first Full size Luxury Sedan. People who love BMW 760 Li are die hard fans and wouldn’t replace their 760 Li with any other vehicle except with a newer Model of BMW 760 li. Some buy this vehicle for their passion and many buy it to simply save money on…
Kia EV6 Tax Write Off 2021-2022 (Best Tax Deduction)
Are you a Small Business Owner who is looking to Learn How to Maximize your Tax Savings using Kia EV6 Tax Write Off? Do you want to Learn what amount is tax deductible and how to qualify for maximum Section 179 and Bonus Depreciation? In this article we will be discussing how to get Maximum…
Acura RDX Tax Write Off 2021-2022 (Best Tax Deduction)
Are you a Small Business Owner who is looking to Learn How to Maximize your Tax Savings using Acura RDX Tax Write Off? Do you want to Learn what amount is tax deductible and how to qualify for maximum Section 179 and Bonus Depreciation? In this article we will be discussing how to get Maximum…
Porsche Panamera Tax Write Off 2021-2022 (Best Tax Deduction)
Are you a Small Business Owner who is looking to Learn How to Maximize your Tax Savings using Porsche Panamera Tax Write Off? Do you want to Learn what amount is tax deductible and how to qualify for maximum Section 179 and Bonus Depreciation? In this article we will be discussing how to get Maximum…