Breakthrough Finance Consultant

06/04/2022

The Internal Revenue Service has announced that interest rates will increase for the calendar quarter beginning July 1, 2022.

5% for overpayments (4% in the case of a corporation). 2.5% for the portion of a corporate overpayment exceeding $10,000. 5% for underpayments. 7% for large corporate underpayments.

06/03/2022

Just as most taxpayers in the U.S. must timely file their returns with the IRS, those living and working in another country are also required to file. An automatic two-month deadline extension—until June 15—is normally granted for those overseas.

06/02/2022

There is this brand new tax cut package that is set to send $1,000 to every child under 5-years-old, the United States Government signed it into law last Friday. More than 30,000 children might be able to benefit from this $1,000 tax credit but all families are wondering if they qualify for this benefit.

There is this brand new tax cut package that is set to send $1,000 to every child under 5-years-old, the United States Government signed it into law last Friday. More than 30,000 c

06/01/2022

Though federal taxes take up all the air, the variety in state taxes offers opportunities for financial planning.

05/31/2022

See if you qualify for the latest Child Tax Credit checks worth $1,000.

There is this brand new tax cut package that is set to send $1,000 to every child under 5-years-old, the United States Government signed it into law last Friday. More than 30,000 c

05/28/2022

Millions of households across the UK will benefit from a new £15 billion package of targeted government support to help with the rising cost of living, the Chancellor announced today (26 May).

05/27/2022

Yesterday the chancellor, Rishi Sunak, announced a package of measures to help with the cost of living crisis. The hotly-anticipated and much needed package ended up being yet another short-sighted sticking plaster for fuel poverty, and a catastrophe for the climate. The measures will only provide t...

05/26/2022

Connecticut Governor Ned Lamont announced that the state will grant a rebate check to families. Lamont said that families can apply to obtain a state tax rebate of $250 per child

05/25/2022

All small businesses must track their cash flow and develop financial reports to increase profitability. However, it’s not always possible or sensible to hire an entire accounting team. Luckily, there are outsourced and online accounting services available to fill these needs for you. Here’s a guide for small businesses.

Find out the many different types of accounting services for small business that are available for your company to manage your financial records.

05/24/2022

Attention Minnesota! Gov. Tim Walz released an updated plan for spending the state's massive budget surplus on Thursday, including a proposal for $1,000 income tax rebate checks pe

05/23/2022

With soaring prices and record home equity, you may expect a profit when selling your property. Here's how to lessen the tax bite.