When struggling with the filing personal taxes at the end of the year, we all find ourselves asking the same question: Should I itemize my return or opt for the standard deduction?...
Posted by ALJ Business Services,LLC on 01/18/2018
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
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 ICHIBAN INTL., INC. dba US-Taxman on 05/17/2017
Medical expenses are one deduction that can make a significant impact on the amount you owe the IRS. Itemized deductions such as medical expenses are used by many taxpayers in lieu...
Posted by RONNIE@RLDARDENCPA.COM on 02/22/2017
There are times when you will need to travel for business. Whether you run your own business or you are working for someone else and need to travel, you may be able to deduct some...
Posted by Larry Gurewitz on 04/24/2016
When we are making charitable donations, especially if they are larger donations of property or taxes, it can be easy to meet any necessary requirements to be able to take advantage...
Posted by ERNIE BUSTAMANTE on 04/07/2016
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...
Posted by Margaret Tabb on 02/06/2016
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
Posted by Kenneth Taylor Accounting Services on 02/02/2016
Of all the forms involved in filing your tax return, tax form 1040 might just be one of the most important. This form is one of a few that helps you file your annual federal taxes,...
Posted by M-E Accounting & Tax Services, Inc. on 02/01/2016
