Social Wire
Tweeted
Oct 24, 2024
Noel Dalmacio
@NoelDalmacio Below-the-line deductions are amounts you can claim to reduce your overall taxes. Generally, there are two types of below-the-line deductions: itemized deductions and the standard deduction.
Noel Dalmacio
@NoelDalmacio Below-the-line deductions are amounts you can claim to reduce your overall taxes. Generally, there are two types of below-the-line deductions: itemized deductions and the standard deduction.
Tweeted
Oct 23, 2024
Noel Dalmacio
@NoelDalmacio “Notes Receivable” is a collective term for written promissory notes that are due in less than one year and are held by the entity to whom payment is promisVzyb
Noel Dalmacio
@NoelDalmacio “Notes Receivable” is a collective term for written promissory notes that are due in less than one year and are held by the entity to whom payment is promisVzyb
Tweeted
Oct 22, 2024
Noel Dalmacio
@NoelDalmacio A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.
Noel Dalmacio
@NoelDalmacio A limited liability company (LLC) is a business structure in the U.S. that protects its owners from personal responsibility for its debts or liabilities.
Tweeted
Oct 18, 2024
Noel Dalmacio
@NoelDalmacio "I believe that if you'll just stand up and go, life will open up for you. Something just motivates you to keep moving."
Noel Dalmacio
@NoelDalmacio "I believe that if you'll just stand up and go, life will open up for you. Something just motivates you to keep moving."
Tweeted
Oct 17, 2024
Noel Dalmacio
@NoelDalmacio Typically, the IRS has three years to decide whether to audit your return, so keep your records for at least that long. You also should hang onto tax records for three years if you file a claim for a credit or refund after you filed your original return.
Noel Dalmacio
@NoelDalmacio Typically, the IRS has three years to decide whether to audit your return, so keep your records for at least that long. You also should hang onto tax records for three years if you file a claim for a credit or refund after you filed your original return.
Tweeted
Oct 16, 2024
Noel Dalmacio
@NoelDalmacio Tax Planning 101: Earned Income includes wages, salaries, tips, includible in gross income, and net earnings from self-employment earnings.
Noel Dalmacio
@NoelDalmacio Tax Planning 101: Earned Income includes wages, salaries, tips, includible in gross income, and net earnings from self-employment earnings.
Tweeted
Oct 15, 2024
Noel Dalmacio
@NoelDalmacio Unearned income includes taxable interest, ordinary dividends, and capital gain distributions. It also includes unemployment compensation, taxable social security benefits, pensions, annuities, and distributions of unearned income from a trust.
Noel Dalmacio
@NoelDalmacio Unearned income includes taxable interest, ordinary dividends, and capital gain distributions. It also includes unemployment compensation, taxable social security benefits, pensions, annuities, and distributions of unearned income from a trust.
Tweeted
Oct 14, 2024
Noel Dalmacio
@NoelDalmacio An independent contractor performs services for others. The recipients of the services do not control the means or methods the independent contractor uses to accomplish the work.
Noel Dalmacio
@NoelDalmacio An independent contractor performs services for others. The recipients of the services do not control the means or methods the independent contractor uses to accomplish the work.
Tweeted
Oct 11, 2024
Noel Dalmacio
@NoelDalmacio What's in a name? That which we call a rose by any other name would smell as sweet.
Noel Dalmacio
@NoelDalmacio What's in a name? That which we call a rose by any other name would smell as sweet.
Tweeted
Oct 10, 2024
Noel Dalmacio
@NoelDalmacio Gifts to cover medical expenses. It is very easy to mount up a large medical bill. While you may want to step in and help out by giving money to the individual with the medical bills, you may be creating a gift tax obligation.
Noel Dalmacio
@NoelDalmacio Gifts to cover medical expenses. It is very easy to mount up a large medical bill. While you may want to step in and help out by giving money to the individual with the medical bills, you may be creating a gift tax obligation.
