Forst Tax

Dec
08

IRS: 2024 Flexible Spending Arrangement contribution limit rises by $150

WASHINGTON — During open enrollment season for Flexible Spending Arrangements (FSAs), the Internal Revenue Service reminds taxpayers that they may be
2 min read
Dec
05

The Importance of Consulting a Tax Advisor for Accurate Federal Refunds

As tax season rolls around every year, many individuals begin to turn to online tax estimators in order to get
2 min read
Dec
05

S corp Automobile: What You Need to Know

If you are a small business owner, you may have chosen to structure your company as an S corporation. This
2 min read
Dec
05

Understanding Tax Implications for US Citizens Married to Foreign Spouses

Getting married is an exciting and joyous occasion, but it also comes with a lot of legal and financial considerations.
3 min read
Dec
05

The Importance of Understanding the 1099-K Form

For many individuals, tax season can be a stressful and confusing time. With numerous forms and documents to keep track
2 min read
Dec
05

The Importance of Filing Taxes and Seeking Professional Advice in Complex Situations

As the saying goes, "there are only two things certain in life: death and taxes." While the thought of death
2 min read
Dec
05

The Complications of California FTB for Non-Residents

Dealing with taxes can be a daunting task for anyone, but when you throw in the added complication of different
3 min read
Dec
05

Understanding 1031 Exchange and Its Possibilities for Rental Property Owners

First and foremost, it is important to understand that a 1031 exchange is a tax-deferred exchange that allows for the
2 min read
Dec
05

Why Did I Get Money Back in Taxes Until 2022-2023?

If you have recently filed your taxes and noticed a change in the amount of money you received back, you
2 min read
Dec
05

The Importance of Understanding Your 2021 Tax Return

If you recently filed your 2021 tax return and received a deficiency notice in September, you may be feeling confused
2 min read