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
When preparing your tax return, you have to choose between standard deductions and itemized deductions. Your choice would likely depend on the higher figure, which is what most taxpayers...
Posted by Advantage Tax Service on 01/31/2018
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
http://thevalleybusinessjournal.com/author/esther-phahla/...
Posted by Esther N. Phahla, CPA, A Professional Corporation 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
As a business owner, there may come a time when you need financial support from an outside source to keep your business afloat. If you're a budding entrepreneur, you may need...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/18/2018
