9 Important Things First-Time Parents Should Know When Filing Their Taxes

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Bringing a new member to the family brings about many changes, meaning your taxes can be affected. As a parent, you automatically qualify for many tax credits. As a first-time parent, you may have been aware of this, but there is much more that can apply to your return depending on your family situation. We […]

A Guide to Business Tax Breaks During the Holidays

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Did you know that around 729 billion dollars are spent in the US during the holidays? These numbers should not surprise you, considering how many people you account for in your holiday budget. As a business owner, you probably have employees and customers on your list. This is the best time of the year to show your […]

The Many Benefits of Investing in a 401(k)

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It’s rather normal for companies to tell their new employees about all the benefits they provide, including a 401(k). A 401(k) plan is one of the best ways to invest in your retirement. This means, when you stop working, you won’t have to worry about how you will be able to financially support yourself. In […]

Understanding Investments and Investment Review Services

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There is more to money than earning and spending it. Our attitude towards our finances can affect pretty much every aspect of our lives. Whether we like it or not, at some point, the decisions we’ve made with our money will catch up with us. Those who are aware of this endeavor to make wise investments. […]

Estate Planning: What It Is and Why It’s Important

Personal possessions, car, home, savings, investments, and other assets owned by an individual at death are called an estate. When a person dies, his estate will be given to his heirs. However, this person needs to provide instructions to be carried out especially on how his assets are distributed to his heirs. This process is […]

The Origins of American Taxation and the Modern Income Tax

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Oh that wonderful date of April 15th. In our youth, the date doesn’t mean much, but the moment we make our first paycheck, we may suddenly become aware of something called taxes and the concept of the income tax. It takes awhile for it to sink in, but eventually we learn that money we make […]

The Basics Of Forensic Accounting: What You Need To Know

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On first glance, the term “forensic accounting” sounds like a mix of the show Criminal Minds and the movie The Accountant. While we can’t quite claim something so exciting, we can claim that forensic accounting is every bit as important.  A forensic accountant is like a bloodhound, sniffing out inconsistencies in economic activity, acquisitions, valuation, […]

Ways Taxes Will Change In 2020

Tax law has gone through a number of changes since the Trump administration and will continue to change going into 2020. It can be overwhelming to keep track of all the changes, but we’ve compiled a shortlist of the changes you need to be on the lookout for.  No alimony deduction – People who pay […]

A Brief Overview of Financial Estate Planning in El Paso

Planning for the worst is a necessity, especially among American adults. Did you know over 50 percent of adults don’t have a will? In the event of an untimely death, a plethora of issues and problems can arise. Make sure your family can avoid any problems by planning ahead with Clifford, Ross, Raudenbush & Cooper, […]