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Biden’s vs. Trump’s Tax Plans: How much you would Pay under Biden’s Tax Plan
Biden’s vs. Trump’s Tax Plans: How much you would Pay under Biden’s Tax Plan
Biden's vs. Trump's Tax Plans: How much you would Pay under Biden's Tax PlanBiden's vs. Trump's Tax Plans: How much you would Pay under Biden's Tax Plan In the last days of the U.S. presidential election, tax policy played a key role. Through the tax…
Do you have to pay US Taxes on Foreign Income?
Do you have to pay US Taxes on Foreign Income?
Do you have to pay US Taxes on Foreign Income?Do you have to pay US Taxes on Foreign Income? When you start working, the first question that you impose on yourself is about taxes. How much tax will I pay? What are the deductions? What…
Best Tax Investment Plans for Retirement Accounts
Best Tax Investment Plans for Retirement Accounts
Best Tax Investment Plans for Retirement AccountsBest Tax Investment Plans for Retirement Accounts If you want to enjoy a secure financial retirement, make sure you have some noticeable savings in your retirement account. However, the amount of money saved in your retirement accounts rely on…
Stimulus Payments and what you need to know
Stimulus Payments and what you need to know
Stimulus Payments and what you need to knowStimulus Payments and what you need to know As America toil and rile under the pandemic's spell, relief packages worth billions have started to find their way into everyone's bank accounts. Some have started tasting their share of…
Most Popular Credits and Deductions
Most Popular Credits and Deductions
Most Popular Credits and DeductionsMost Popular Credits and Deductions Are you looking for ways on how to reduce the amount of tax you owe? If so, then tax credits are your ideal options. The tax credits reduce your tax liability. On the other hand, tax…
Tax Planning Strategies for Physicians
Tax Planning Strategies for Physicians
Tax Planning Strategies for PhysiciansTax Planning Strategies for Physicians Are you a physician who has just started the practice and listed down the things you would do after your retirement? If so, tax-planning strategies are vital throughout your career. Apart from maximizing your income after…
How to amend mistakes in Already Filed Tax Return
How to amend mistakes in Already Filed Tax Return
How to amend mistakes in Already Filed Tax ReturnHow to amend mistakes in Already Filed Tax Return According to the Internal Revenue Service (IRS), you should not panic if you forgot to claim a deduction or made an error in your tax return. To fix…
Tax Filing Mistakes
Tax Filing Mistakes
Tax Filing MistakesTax Filing Mistakes Paying taxes is the duty of every patriotic citizen. However, as the tax deadline approaches, most taxpayers tend to rush in filing their returns. As a result, they tend to make different tax filing mistakes that slow down the processing…
Top 7 Tax Benefits of Real Estate Investments
Top 7 Tax Benefits of Real Estate Investments
Top 7 Tax Benefits of Real Estate InvestmentsTop 7 Tax Benefits of Real Estate Investments Do you know that real estate is among the most famous investment plans to secure and grow your wealth?  In fact, the real estate business is among the best ways…
Providing COVID-Related Tax Relief Strategies for QOF
Providing COVID-Related Tax Relief Strategies for QOF

UBOS is Providing COVID-Related Tax Relief Strategies for QOF When taxpayers sell a property for an eligible capital gain, they have 180 days to invest in Qualified Opportunity Funds (QOF) if they want to defer that gain. For some taxpayers that have been impacted by…