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Indian CPA | Virtual Tax Consultancy serving all over US

Indian CPA | Virtual Tax Consultancy serving all over US

Indian Tax Consultant serving across all 50 States

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What’s Best…Tax-free or Taxable Interest Income?

November 6, 2013 by Roy Vargis CPA, CMA, CFM, CITA, EA, ACMA, CGMA

Article Highlights Interest earned from states’ and local governments’ general purpose obligations that are generally tax-exempt for federal purposes. Earning tax-exempt interest may not put the most after-tax dollars into your pocket. Tax-exempt interest is not subject to the new 3.8% surtax on net investment income. Tax-exempt interest is still treated as income for the … [Read more...] about What’s Best…Tax-free or Taxable Interest Income?

Tax Tips for Recently Married Taxpayers

March 1, 2013 by Roy Vargis CPA, CMA, CFM, CITA, EA, ACMA, CGMA

If you got married during 2012, here are some post-marriage tips to help you avoid stress at tax time. Notify the Social Security Administration − Report any name change to the Social Security Administration so that your name and SSN will match when filing your next tax return.  Informing the SSA of a name change is quite simple.  File a Form SS-5, Application for a Social … [Read more...] about Tax Tips for Recently Married Taxpayers

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