During the past few years, there have been a lot of questions about the new healthcare act. Many people who were not able to qualify for insurance before because of their pre-existing...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
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...
Investing in real estate can be a great option for many people. This is one of the best options for helping you to make money on the side, or even a full time income, compared to many...
Tax Issues...
Posted by The Accounting and Tax on 02/05/2016
If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
Tax season is soon approaching and people are starting to scramble around. As soon as you get all of your W2’s and other forms in the mail, you will be able to get started on that...
Openly citing that they target the working poor and include certain fees that can easily translate into yearly interest percentage rates ranging between 50% and as high as 400%, the...