What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
The home sale gain exclusion is often considered one of the most valuable deductions you can use when you sell your home. This goes along with the many other tax deductions and credits...
Posted by Rich Rogers Taxes and More on 02/04/2016
Filing taxes can be quite burdensome and taxing. Given the complexity involved in filing taxes, it is not surprising that many people make mistakes when submitting tax returns. These...
Posted by Falisha Griffin on 01/25/2016
The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...
Posted by Kenneth M Perkins CPA/PFS on 01/24/2016
In order to report various forms of income or to take advantage of various deductions, the IRS typically requires you as the taxpayer to complete various forms known as tax schedules....
Posted by Denisha Marino on 01/23/2016
It is not very uncommon that many parents hire someone, in order to take care of their kids for a couple of hours or date nights after school. However, many parents or families do...
Posted by Asharp Bookkeeper on 01/13/2016
If you operate a small business and have the need to control and manage every small detail of that business, you may be inclined to do your business taxes by yourself, without the...
Posted by James Wells EA MBA Tax Office on 01/06/2016
Every year, your Brooklyn tax preparer requires certain information to do your taxes. Without this information, he or she cannot prepare an accurate return. It could also cause...
Posted by ERNIE BUSTAMANTE on 01/05/2016
