The IRS (Internal Revenue Service) has introduced some new policies in 2018, which include living cost changes for pensions and inflation adjustments for specific taxes. These yearly...
Posted by Lone Star Tax Group on 01/11/2018
If you're regularly involved in fundraising events, you should be aware of how to handle fundraiser taxes. Generally, the proceeds received from fundraising aren't taxable....
Answer: Bad news... As much as we all wish we could deduct taxes from personal loans, any interest that you pay out on them are simply not tax deductible. For instance, if...
Like most people in America today, you have spent all of your life paying into Social Security, but did you know that up to 85% of your benefits may be ate up by tax demands from the...
Posted by Lone Star Tax Group on 12/19/2017
Capital gains tax on the profit made from selling a house can be avoided to some extent based on numerous factors. The timing of sale is crucial. If you time things right, there...
Posted by Advantage Tax Service on 09/06/2017
7.2.2 [a] Article Vii[1]Business Profits – Taxation of Profits Attributable to a permanent EstablishmentBusiness profits of a U.S. resident carrying on a business in Canada are...
Posted by The Accounting and Tax on 08/31/2017
Capital gains tax on the profit made from selling a house can be avoided to some extent based on numerous factors. The timing of sale is crucial. If you time things right, there...
Posted by CROMWELL & ASSOCIATES, LLC on 08/16/2017
The home sale gain exclusion is one of the most beneficial tax breaks available to homeowners. Anytime you put your home on the market for sale; you could potentially benefit from...
Posted by RONNIE@RLDARDENCPA.COM on 06/24/2017
If you didn't know, you can sell your house, make a profit on it, and not get taxed for the money you make. Not sure how this works? Well, we'll help you understand. Individuals...
Posted by CROMWELL & ASSOCIATES, LLC on 06/07/2017
