CPA Orlando

12/30/2018

10/09/2017

CPA Orlando

How to avoid some of the more common IRA mistakes

Nearly four in 10 households in the U.S. own an individual retirement arrangement or IRA. And that means about 50 million households might someday make a costly and perhaps irrevocable mistake when it comes time to take required minimum distributions or RMDs from those accounts.

Read the rest on my Blog: http://bit.ly/2yJ1BAb
Shared from: usatoday.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

How to avoid some of the more common IRA mistakes Nearly four in 10 households in the U.S. own an individual retirement arrangement or IRA. And that means about 50 million households might someday make a costly and perhaps irrevocable mistake when it comes time to take required minimum distributions...

10/05/2017

CPA Orlando

Who’s Left Out of 401(k) Nation

Hispanics, part-timers, and millennials are the likeliest to have no access to a plan.

Only 45 percent of U.S. workers participate in an employer-sponsored retirement plan, according to the Pew Charitable Trusts.

Read the rest on my Blog: http://bit.ly/2fKjbML
Shared from: cnbc.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Who’s Left Out of 401(k) Nation Hispanics, part-timers, and millennials are the likeliest to have no access to a plan. Only 45 percent of U.S. workers participate in an employer-sponsored retirement plan, according to the Pew Charitable Trusts. Many don’t even have the option—one-third of U.S. worke...

10/03/2017

CPA Orlando

A lower tax rate for corporations. Reduced taxes for partnerships like law firms. An easy way to bring overseas profits back to the United States without being taxed.
Corporate America had a long wish list when it came to tax reform, and on Wednesday, President Trump gave companies just about everything they wanted.

Read the rest on my Blog: http://bit.ly/2xdPzSU
Shared from: NYTimes.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

In Trump Tax Plan, a Windfall for Businesses Large and Small A lower tax rate for corporations. Reduced taxes for partnerships like law firms. An easy way to bring overseas profits back to the United States without being taxed. Corporate America had a long wish list when it came to tax reform, and o...

09/26/2017

Understanding Employee vs. Contractor Designation

The Internal Revenue Service reminds small businesses of the importance of understanding and correctly applying the rules for classifying a worker as an employee or an independent contractor. For federal employment tax purposes, a business must examine the relationship between it and the worker. The IRS Small Business and Self-Employed Tax Center on the IRS website offers helpful resources.

Read more on my Blog: http://bit.ly/2ez8P5l
Shared from Internal Revenue Service

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Worker classification is important because it determines if an employer must withhold income taxes and pay Social Security, Medicare taxes and unemployment tax on wages paid to an employee. Businesses normally do not have to withhold or pay any taxes on payments to independent contractors. The ear...

09/23/2017

16 things to know before you begin taking Social Security benefits

What you don't know about Social Security can cost you.

Social Security may very well be the most important social program in this country: It is tasked with providing a financial foundation for tens of millions of seniors. Yet many retirees, and probably a good portion of working Americans, don't truly understand how the program works -- and that could cost them valuable income in retirement.

Read the rest on my Blog: http://bit.ly/2vBlzQ8
Shared from usatoday.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

16 things to know before you begin taking Social Security benefits What you don't know about Social Security can cost you. Social Security may very well be the most important social program in this country: It is tasked with providing a financial foundation for tens of millions of seniors. Yet many…

09/20/2017

Information on Identity Theft for Business, Partnerships and Estate Trusts

Businesses, partnerships and estate and trust filers increasingly are targeted by national and international criminal syndicates who use stolen data to file fraudulent tax returns for refunds.

Read the rest on my Blog: http://bit.ly/2euqPKu
Shared from Internal Revenue Service

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Information on Identity Theft for Business, Partnerships and Estate Trusts Businesses, partnerships and estate and trust filers increasingly are targeted by national and international criminal syndicates who use stolen data to file fraudulent tax returns for refunds. In the past year, the Internal R...

09/18/2017

Accumulated wealth? Here's what to do next

At some point in your life, you might accumulate enough wealth where you no longer feel comfortable going alone when it comes to managing your finances and investments.

Perhaps you received an inheritance, saved $100,000 in your retirement account or earned a big bonus. Or maybe you just think it’s just time to get some help.

Read the rest on my Blog: http://bit.ly/2iSlUYI
Shared from USAToday.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Accumulated wealth? Here's what to do next At some point in your life, you might accumulate enough wealth where you no longer feel comfortable going alone when it comes to managing your finances and investments. Perhaps you received an inheritance, saved $100,000 in your retirement account or earned...

09/15/2017

Know your Taxpayers Bill of Rights

IRS Summertime Tax Tip 2017-21, August 18, 2017
Every taxpayer has a set of fundamental rights and the IRS has an obligation to protect them. The “Taxpayer Bill of Rights” groups the taxpayer rights found in the tax code into 10 categories. Know these rights when interacting with the IRS. A good way to learn about them is by reading Publication 1, Your Rights as a Taxpayer.
Below are the descriptions of each right, as listed in Publication 1:
1. The Right to Be Informed. Taxpayers have the right to know what to do in order to comply with the tax laws. They are entitled to clear explanations of the laws and IRS procedures on all tax forms, instructions, publications, notices and correspondence. They have the right to know about IRS decisions affecting their accounts and receive clear explanations of the outcomes.

Read the rest on my Blog: http://bit.ly/2eyCHyS
Shared from Internal Revenue Service

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Know your Taxpayers Bill of Rights IRS Summertime Tax Tip 2017-21, August 18, 2017 Every taxpayer has a set of fundamental rights and the IRS has an obligation to protect them. The “Taxpayer Bill of Rights” groups the taxpayer rights found in the tax code into 10 categories. Know these rights when i...

09/13/2017

Social Security beneficiaries may get biggest raise in 6 years

Social Security beneficiaries are projected to receive a 2.2% cost-of-living increase next year, the most since 2011, the trustees who oversee the program said Thursday.

Read the rest on my Blog: http://bit.ly/2wum0uz
Shared from USAToday.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Social Security beneficiaries may get biggest raise in 6 years Social Security beneficiaries are projected to receive a 2.2% cost-of-living increase next year, the most since 2011, the trustees who oversee the program said Thursday. That would be about $30 a month for the average retired worker. But...

09/11/2017

On the lighter side; but amazing.

Beam me up? Scientists teleport first object ever from Earth into space

Chinese scientists successfully teleported an object from the Earth's surface to an orbiting satellite for the first time ever.
A photon — a tiny sub-atomic particle — was "transported" from the Gobi Desert to China's Micius satellite some 310 miles above the surface.

Read the rest on my Blog: http://bit.ly/2iSWoTj
Shared from USAToday.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

Beam me up? Scientists teleport first object ever from Earth into space Chinese scientists successfully teleported an object from the Earth's surface to an orbiting satellite for the first time ever. A photon — a tiny sub-atomic particle — was "transported" from the Gobi Desert to China's Micius sat...

09/08/2017

How tax reform could hit charitable giving

Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy.

Read the rest on my Blog: http://bit.ly/2eQcRTF
Shared from cnn.com

KDK Accountancy has been serving the Orlando area providing years of experience with Accounting Services including Bookkeeping, Payroll, Financial Planning, Asset Management, Financial Consulting, Taxes, Tax Planning, and a Host of other services to make sure that your Business runs.

For more information or to set up an appointment call us today at 844-461-2831 or visit at http://orlandocpa.net

How tax reform could hit charitable giving Plenty of factors can motivate charitable giving: Moral obligation, religious tithing, a desire to improve the world or leave a legacy. But another factor -- the tax benefits for giving -- could soon change if lawmakers push through tax reform. Few people d...