For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
AccountantIt is no secret that the risks of committing avoidable tax flaws, particularly towards the tax filing deadline, are abnormally high, some with completely negative consequences...
Hello everyone, Joe Gormley, CPA here to answer your financial questions. One common observation I’ve seen about mid-sized businesses is that many prefer to cut corners when trying...
For many years, Johnson, Johnson & Associates, Inc in Yeadon, PA has been harvesting tax losses was almost exclusive to the wealthy. You couldn’t hear too many locals talking...
If you're a gambler or if you intend to start gambling in 2016, then one thing you need to keep in mind is that whenever you make a loss on your gambles, you can claim a deduction...
If like most taxpayers you've been thinking that capital gains tax is just for the rich people, it's high time you stopped thinking in that direction. Any time you sell a capital asset...
The tax professionals at Johnson, Johnson & Associates, Inc in Yeadon, PA have previously shown you that if you sell your home, you can exclude up to $250,000 on your capital gains...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
If you live in Las Vegas, then you’re no stranger to the fortunes that can be made by Dame Fortune. While you may bask in the financial windfall, don’t expect for that feeling...