- 35 Million: The Total Backlog of Tax Returns The IRS Had At The End Of Tax Season
- The IRS had a backlog of more than 35 million tax returns at the end of tax season this year – and many of those people are awaiting tax refunds.
- The Many Benefits of 401(k) Profit-Sharing Plans
- 401(k) profit sharing plans are a great way to compensate employees in a tax-advantaged way. Here are the limitations on 401(k) profit sharing for 2021.
- Contemplating Refinancing Your Home Mortgage? Things You Should Consider
- With home mortgage rates at historic lows, it may be appropriate for you to consider refinancing your current mortgage. However, refinancing may not always be the greatest idea, even though mortgage rates are low, and even when your friends, relatives, and coworkers are bragging about the low interest rates they got with their refinance. This is because a number of issues must be considered when refinancing.
- Video tip: Extension of COVID-19 Relief Leave Donations
- The ability to donate your unused paid vacation time to COVID-19 charity organizations has been extended by the IRS through the end of 2021.
- Tax Rules for Home Flippers
- With mortgage interest rates low, flipping real estate appears to be on the rise. This activity is even the theme of several popular reality TV shows. House flipping is, essentially, purchasing a house or property, improving it and then selling it (presumably for a profit) in a short period of time. The key is to find a suitable fixer-upper that is priced under market for its location, fix it up and resell it for more than it cost to buy, hold, fix up and resell.
![]() ![]() |
![]() | ![]() |