Throughout our society, the Baby Boomers are getting older. As a result, their children are now in the position of caring for these older family members. The expenses that result from...
AccountantIt is no secret that the risks of committing avoidable tax flaws, particularly towards the tax filing deadline, are abnormally high, some with completely negative consequences...
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
Hello everyone, Joe Gormley, CPA here to answer your financial questions. One common observation I’ve seen about mid-sized businesses is that many prefer to cut corners when trying...
For many years, Johnson, Johnson & Associates, Inc in Yeadon, PA has been harvesting tax losses was almost exclusive to the wealthy. You couldn’t hear too many locals talking...
If you're a gambler or if you intend to start gambling in 2016, then one thing you need to keep in mind is that whenever you make a loss on your gambles, you can claim a deduction...
If like most taxpayers you've been thinking that capital gains tax is just for the rich people, it's high time you stopped thinking in that direction. Any time you sell a capital asset...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...