Category Archives: Tax News

Ordinary Gains on Your Taxes – IRS Form 4797 Schedule D

Ordinary Gains on Your Taxes IRS has a wide federal income tax brackets and has increased certain exemptions and deductions to keep pace with the changing needs. Understanding tax structure helps you reduce your tax. When it comes to paying tax, your capital gains are divided into two categories: ordinary gains and long-term capital gains.… Read More »

Select the Right Annuity for You – Latest Tips 2018

Choosing the Right Annuity for You – Latest Tips 2018 Guaranteed retirement income products: An annuity is a long-term investment product that an individual makes especially for retirement. It is a very good option to plan regular income after retirement. Here we will discuss latest tips on how to select the right annuity for you.… Read More »

Paymdxtolls Online – MDX Toll Customer Service Phone Number

Paymdxtolls.com Online – MDX Toll Customer Service Phone Number Toll-by-Plate: Facts Every Vehicle Owner Using the MDX Toll Zone Must Know Have you received a notice from the Miami-Dade Expressway Authority (MDX) Toll-by-Plate recently? If so, read this article before taking further actions. Their official website is www.paymdxtolls.com and Toll-Free customer service phone number is… Read More »

Can Commuting Expenses deductible or not?

Meaning of the Commuting Expenses Is commuting expense tax deductible? Commuting expenses are those expenses which are incurred when you traveled from your home to the place of your employment. These expenses are not eligible for deductions from the income of the taxpayers as they are not business expenses. As per the Internal Revenue Service… Read More »