Do you want to decrease your tax bill substantially? Read this and find out all about commonly ignored tax deduction trends.An income tax break is basically a way to save on tax liability....
Posted by ERNIE BUSTAMANTE on 01/19/2016
By Asharp Bookkeeper Many people will concede that tax time is the worst of all times of the year for them. It often brings along a sense of urgency and a level of pressure that is...
Posted by Asharp Bookkeeper on 01/13/2016
During tax season, you’ll often hear phrases brought up in conversation that you’re not familiar with. Two of the most common and essential terms that you should...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
The US tax system is setup on both the federal and the state level. There are several taxes which citizens must file. These taxes include: income tax, capital gains and sales tax....
Posted by East West Accounting Services LLC on 01/05/2016
As soon as tax season approaches, everyone rushes around at a hurried pace in order to file their returns on time. If you own a small business, this task may become more daunting as...
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
Posted by BHATIA & CO, INC, CPAs on 11/29/2015
When evaluating the state tax policies, retirees have some special concerns. These may be about Social Security benefits, estate taxes, property taxes, or some other kind of taxes...
Posted by ERNIE BUSTAMANTE on 11/29/2015
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015
