Here's the recent articles submitted by mary rose somera
Articles By mary rose somera
Sep Ira Versus Simple Ira: A Comparison
By: mary rose somera
The SEP IRA and the SIMPLE IRA are two of the most common options since they share many of the same tax benefits as a traditional IRA. On the other hand, business owners can save time and effort by using these programs rather than setting up a traditional retirement program like a 401(k) (k).
While the SEP IRA and SIMPLE IRA share the IRA nomenclature with their more well-known relatives, they are intended for enterprises, rather than sole owners. (If you are a person considering opening an Individual Retirement Account (IRA) or Roth IRA, you should consider the advantages of each.)(read
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View : 147 Times
Category : Business
A Walkthrough Of The Renewable Energy Tax Credit System
By: mary rose somera
The demand on American businesses to establish ambitious net zero aims by stringent deadlines is increasing as a result of broader attempts to cut GHG emissions and battle climate change. Green power, or renewable electricity generated from sources like the sun or the wind, is becoming an increasingly important factor as firms make public commitments to lowering their carbon footprint.(read
entire article)
View : 146 Times
Category : Business
Strategies For Maximizing Your Social Security Benefits
By: mary rose somera
Since working people pay into the Social Security system through payroll taxes over the course of their careers, they should receive the most benefit possible from this system. Depending on your financial situation, retirement can consume up to 80% of your annual salary. For many people, Social Security is an essential financial lifeline. You might be entitled to more than you realize.(read
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View : 130 Times
Category : Business
How Your Company Would Benefit From Nonqualified Deferred Compensation
By: mary rose somera
Most ERISA regulations and reporting requirements do not apply to a nonqualified deferred compensation plan. Further, the RMD regulations that apply to qualified plans are not applicable to such a plan. Employees can delay taking RMDs until they reach age 75.(read
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View : 135 Times
Category : Business
Should You File An Amended Tax Return?
By: mary rose somera
Have you realized you made a mistake on your tax return or failed to claim a deduction or credit you were entitled to?
To rectify this, simply submit an amended tax return. The Internal Revenue Service (IRS) makes it easy to file an amended tax return.(read
entire article)
View : 130 Times
Category : Business
First Came The Crypto Crash. Now Comes The Taxman
By: mary rose somera
Cryptocurrency investors may need to act within the next few weeks to reduce their tax bill—and get ahead of an increasingly aggressive IRS.
The rout in cryptocurrencies worsened this week with the collapse of the offshore exchange FTX. With bitcoin recently down more than 60% in 2022, many crypto investors would surely like to forget about digital assets, at least for now.(read
entire article)
View : 132 Times
Category : Business
The Meaning Of Your Numbers: Understanding The Value Of Your Business On A Balance Sheet Perspective
By: mary rose somera
In this article, we will focus on the value of your business on a balance sheet perspective that would help you see the potential in your stats and how they can affect the future of your company.(read
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View : 146 Times
Category : Business
Strict Compliance On Charitable Donation Tax Deductions
By: mary rose somera
Many people, both privately and publicly, are thinking about making charitable contributions as 2022 winds down. Donors must be aware of the specific regulations in order to avoid losing significant tax deductions in light of recent judicial decisions establishing “tight conditions” to claim tax deductions for charitable contributions. It is also vital for organizations that receive gifts to assess their gift receipt and reporting procedures to guarantee compliance with federal tax law and to avoid creating difficulties for donors who are attempting to claim such deductions.(read
entire article)
View : 120 Times
Category : Business
Understanding Amc Entertainment Holdings, Inc. (nyse:amc) Valuation
By: mary rose somera
Stock market participants cannot make educated investment decisions without first knowing AMC Entertainment's true worth. By allowing investors and analysts to more accurately predict earnings, knowing AMC Entertainment's true value is crucial not only for the investor's ability to make more informed judgments, but also for a more complete picture of AMC Entertainment's financial worth throughout time. Investors can get a better sense of the worth of AMC Entertainment by considering both its enterprise value and market capitalization.(read
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View : 167 Times
Category : Shopping/Product Reviews
How Do You Know It's The Perfect Time To Sell Your Business?
By: mary rose somera
How do you know it's the perfect time to sell your business? Every business owner must answer this issue on their own terms. It's a complex process that could affect future generations and is one of the most pivotal choices a property owner can make in their lifetime.
Working with an advisor early in the planning process of business appraisal can provide insights and solutions to frequent unknowns, but ultimately only the owner can determine when the time is perfect for a sale based on his or her own circumstances.(read
entire article)
View : 109 Times
Category : Business
