While preparing your tax return, the first thing that is required of you is to choose your filing status. Your filling status is a determinant of many factors regarding your tax return....
Posted by Bishop & Associates CPA's, LLC on 03/08/2019
There are things that are inevitable, some of them are death and taxes. As a loved one bid goodbye from mortality, his liability from this world remains that would be the responsibility...
Posted by Global Accounting on 03/01/2019
While assessing your tax or working with a tax preparer or accountant, there is this sense of limiting your tax obligation by ensuring you claim the most significant measure of deductions...
Posted by YourIRSTaxAdvocate.com on 02/27/2019
Factors that determine Tax Family Families are always in different sizes, but the IRS is very specific as to how makes up a “tax family”. Considering the growing number...
Posted by John Pournaras Agency on 02/19/2019
If you know what tax deduction is and how it works, you may end up saving yourself a lot of money in 2019. For example, if you fall into the 25% tax bracket, you will be saving $250...
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
The act of itemizing deductions is said to be an effective way of reducing one’s taxable income and maximizing tax savings. You get to claim a bigger deduction compared to the...
Posted by Global Accounting on 01/27/2019
This section may be of the most radical change of previous year tax reform bill and something you cannot underestimate. A lot of Tax Preparer and Accountant referred to it as the best...
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
It is very important for Americans to know the new development in tax law before they file returns on tax. The most notable set of changes to the U.S. tax code in over 3 decades now...
Posted by Key Tax & Financial Services, LLC on 01/27/2019
Among the many changes made by the Tax Cuts and Jobs Act (TCJA) that was signed into law on December 22, 2017, is the elimination of the alimony deduction from the tax code through...
Posted by Global Accounting on 01/24/2019