Small businesses and individuals wisely turn to tax preparation services when faced with questions about overall financial strategy, especially in light of the new tax bill recently...
Posted by Lone Star Tax Group on 02/06/2018
If you've been negligent in filing tax returns over the last few years, you could very well owe money to the IRS in back taxes. Even if you're up to date in filing, you could...
Posted by Peter J. Marchiano, Jr., CPA on 02/06/2018
With the passing of the Tax Cuts and Jobs Act in congress back in December, there will now be some considerable changes to the way we file our taxes for 2018. Yet despite these significant...
Posted by Flynn Financial Group Inc on 02/06/2018
As dreadful as the word might sound, tax basis remains one of the most important components as far as filing tax returns is concerned. Also referred to as adjusted basis or cost basis,...
Posted by Advantage Tax Service on 01/24/2018
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...
Posted by Flynn Financial Group Inc on 01/19/2018
It is problematic, if you miss your tax return deadline, however, this problem can be rectified. If you requested an extension to your filing deadline, you are not late. However, if...
Posted by David Yeomans Accounting Service, Inc. on 01/18/2018
It's all too easy to make tax mistakes when tax season rolls around again, although you can help to keep mistakes to a minimum by following these tips.Car DeductionsOne of the...
Posted by Omni Fidelity Associates on 01/18/2018
When it comes time to file your taxes, you have to know your status. For most people, it is as simple as whether you are married or not as of Dec 31. But there are some special situations...
