Remote Tax Group

04/15/2024

04/09/2024

Please read the fine print when investing in an annuity. Our business see so many penalties when withdrawing from an annuity. It's a very complex financial instrument/insurance contract.

10/13/2023

The Earned Income Credit (EIC) put in simple terms is receiving money (stimulus) because you did not earn much money.

A questionable tactic costing taxpayers billions every year.

04/15/2023

Put your assets in a trust for the additional layer of complexity and the ability to use a pass-through process, among other benefits.

02/22/2023

Just like a fictitious business name, the tax deadline of April 15 is “somewhat” of a fictitious deadline. A taxpayer can file an extension and if they are receiving a refund, the IRS is more than willing to allow you to reach the statute of limitations (aka steal your money). If you owed money, it was due in the prior year. The IRS allows for owing r a relatively small amount after the tax year, this amount is calculated on form 2210. When a taxpayer understands this, they no longer need to fret about the date April 15th. https://www.irs.gov/pub/irs-pdf/f2210.pdf

07/25/2022

A debit or a credit is not the same as an increase or a decrease of accounts.

07/21/2022

Simple

07/19/2022

Raising mortgage interest rates means cash buyers will be purchasing homes, which hurts the chances of the middle class' future homeownership opportunity. We are told this is supposed to help the economy, a more elaborate explanation is deserved of.

06/21/2022

Your family can spend over 100K putting children through college and never hear sound financial advice.

Robert Kiyosaki warns against saving money, explains the federal reserve’s actions in detail, and elaborates on the serious threats to the global economy. He...

06/14/2022

Inflation is a central banking tax.

05/09/2022

RTG sent in many returns last year that did not seem to get processed.

The Internal Revenue Service decided to destroy an estimated 30 million paper-filed information return documents in March 2021 because of its inability to process its backlog of paper tax returns, according to a new report.