Is there a difference between Tax Preparation and Tax Planning? Yes, with tax preparation you are looking at history. Once December 31st of each year is over you can’t change...
At present we are in the midst of uncertain financial times. Owing to the uncertainties it was seen that the average Canadian debt balances rose by 2.3% in the 2016 3rd quarter, which...
Posted by The Accounting and Tax on 12/01/2017
The IRS released a list of taxes changes this year that would impact tax payers across the nation. One of those tax changes, was an exciting increase in the maximum Earned Income...
Posted by Bottom Line Tax Services, LLC on 09/27/2017
The impact of capital gains tax on you when you're likely to get divorced hinges on the things you end up doing with the property. Generally, property transfers between divorcing...
Posted by Michael Coleman Tax & Accounting on 03/22/2017
The IRS released a list of taxes changes this year that would impact tax payers across the nation. One of those tax changes, was an exciting increase in the maximum Earned Income...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 03/08/2017
There are many little known tax breaks that can have a major impact on the lives of those who qualify, and one that very few people know about is the home sale gain exclusions benefit. This...
Posted by Advantage Tax Service on 02/22/2017
Medical expenses are one deduction that can make a significant impact on the amount you owe the IRS. Itemized deductions such as medical expenses are used by many taxpayers in lieu...
Posted by RONNIE@RLDARDENCPA.COM on 02/22/2017
When it comes to saving for the future of a disabled child or family member, family can often be limited in their options. However, the government has created a savings account that...
For many small business owners, it is important to know what type of taxes you are responsible for early in the process of creating your business. At the same time, many small business...