You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...
Most likely, living in Miami, Florida, you have considered the possibility of buying property for the purpose of renting it out. Rental property can be a great source of income,...
The high deductible and Health Savings Account insurance plan is seen more and more frequently. The Health Savings Account covers qualified medical expenses, and has certain...
In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
When it is time to sell your home, you will often find yourself with a profit, based on the sale. Any profits are subject to income tax, but thankfully, there is the home sale gain...
For many companies, the provisions of the Affordable Care Act (ACA) have phased in specific tax credits and potential penalties. Individuals and employers all have criteria to meet...
Buying or selling a home can be one of the most stressful and exciting times of your life. However, selling your home also has tax implications. In order to meet your requirements...
The time has come to set your appointment with your tax professional or accountant to prepare to file your taxes. To get the most out of your appointment, it helps to be prepared....
Posted by AccuraTax LLC on 02/04/2016
Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...