Back in 2015, the IRS overhauled some rules regarding deductions related to retirement savings accounts. While HSA funds are largely unaffected, taxpayers doing their best to reduce...
Posted by Advantage Tax Service on 07/05/2017
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Bottom Line Tax Services, LLC on 06/24/2017
Small businesses, especially those still trying to get off the ground, often take their tax preparation very seriously. After all, every little deduction counts. As you get ready...
Posted by Advantage Tax Service on 06/21/2017
Everyone wants to save money on their taxes, but most people think they must itemize everything if they are going to maximize any refund. While this may be the case in some instances,...
Posted by Maureen Thielen, EA, MST on 05/10/2017
Two of the most beneficial ways to lower your tax liability in 2017 are opening certain types of retirement and health savings plans. Adding and withdrawing funds is not subject to...
Posted by Joseph J. Gormley CPA on 05/08/2017
One of the most difficult processes for those who are new to retirement is the abrupt change of switching from accumulating funds to withdrawaling them. It is easy to see why this...
Posted by RONNIE@RLDARDENCPA.COM on 04/26/2017
While many taxpayers expect to receive a refund, many must pay the IRS, and not many people have a lump sum laying around to send to Uncle Sam. It is important to understand payment...
Posted by CROMWELL & ASSOCIATES, LLC on 04/19/2017
Every time you are done filing a tax return, you expect a fat refund check heading to your address. However, a refund is not the only thing that could result from a tax return filing. There...
Posted by Advantage Tax Service on 04/12/2017
Usually, the Internal Revenue Service (IRS) never fails to remind how much money you (taxpayer) owe to the IRS. But, for so not-so-strange reasons, the government agency chooses...
Posted by Maureen Thielen, EA, MST on 04/11/2017
