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...
As a business owner, you have to wear many hats. You are responsible for the day to day running of the business. You need to keep your customers happy, but you are also in charge of...
College is expensive. Statistics indicate that it is just getting more and more expensive every year. Even the books are hundreds of dollars apiece. Expenses like student fees, student...
Description: Consider claiming these unusual medical expenses to lower your tax bill this season.Tax season is a time that most people don’t like to deal with that much. Most taxpayers...
With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
Most taxpayers would consider a vehicle or car a necessary part of everyday life, including the expenses that go along with it. As such, it might be worth tracking your vehicle expenses,...
For small business owners, the use of their vehicles can be an important part of their business growth. Meetings with clients, vendors and perspective investors are just some of the...
If your employer does not offer a retirement savings plan, it can be difficult to take the next step to begin the process of saving. However, the U.S. Treasury Department is now offering...
Posted by BHATIA & CO, INC, CPAs on 02/23/2016