Top 20 things that you can deduct from your taxes As soon as it is time to file your tax returns, your face changes color and you grumble and mutter to yourself while filling...
Tax mistakes happen. Let’s face it, you may have run into a time where you didn’t quite understand what was being asked and you answered it the best way you knew how. Often...
Posted by East West Accounting Services LLC on 10/20/2015
Living a good life can be owning a home, owing a business, being debt free, driving a high end car or having a good investment portfolio. These goals are achievable with a strong financial...
Financial planning should not be difficult. It is basically a plan to save for your retirement, education of your children or buying a house. You should clarify your goals and set...
U.S Internal Revenue code does not give any special status to RRSP, TFSA, RESP, RPP or DSPS plans. If an employer contributes to a registered pension plan or a deferred profit-sharing...
The Affordable Care Act (ACA) has the potential to help millions of Americans secure health insurance. Many individuals are still confused about what the law does, how it will affect...
Posted by Pascuzzi Accounting & Tax on 01/03/2015
The following items are not included in income of taxpayer for a taxation year: Amounts declared to be exempt by legislation of the Parliament of Canada (s. 81(1)(a)) Amounts received...
As tax professionals, we need to be prepared to answer our client’s questions and help protect them against swindlers who are trying to steal their money and, in some...
Cuts at the Irs could delay tax refunds, reduce tax payer services and hurt enforcement efforts. If you attempt to call the Irs for assistance this filing season you may not be able...
Posted by PERFORMING FINANCIAL SERVICES, INC. on 12/27/2014