What Is Tax Lot Accounting?
Knowing what Tax Lot Accounting is can be helpful when planning your investment strategies. By thinking in terms of tax lots, you’ll be able to make better decisions and determine…
What Is Net of Tax?
The term “net of tax” is used in accounting terms to describe what happens after taxes have been deducted. In the income statement, companies report net of tax results for…
What Is Tax Relief?
What is tax relief? Generally, tax relief is a form of tax reduction that reduces the amount of money that is taxed. Federal and state governments both offer tax deductions.…
The Best Tax Apps
There are a few different tax apps out there. You can use an online tax program like TurboTax to prepare your taxes. But you can also use an app, such…
Top Tax Filing Mistakes
There are several common mistakes people make when filing their tax returns. While these mistakes are generally easy to avoid, it’s easy to make them. Here are the most common…