For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
Four Things to know about the Affordable Care Act for 2015.How will the Affordable Care Act affect your 2015 federal income tax return?Four items to consider.* Premium tax credit....
Posted by Byron L. Riley, CPA on 03/23/2016
Filing your taxes can be a big deal. You want to make sure that you are filling out all the paperwork properly, but sometimes things get missed. There are a lot of rules to follow,...
The auditing process can seem scary. Most people worry that they are going to lose everything if the IRS ever audits them. They may hope and pray that they will never need to go through...
When it comes to getting your taxes prepared, it is important to get it done the right way. You want to make sure that you are putting in all the right information and you aren’t...
Many people choose to use rental properties as a way to make some money. There are many families who like the idea of living in a home, or even an apartment, because everything is...
There are numerous reasons why the IRS may decide to do a tax audit on your return. Most of these are just to check out that the information you provided is correct. In other cases,...