Americans gave $520.23 billion in charity in 2015, equivalent to 3% of the U.S. GDP (gross domestic product). The majority of that charity, $418 billion, came from the individuals...
With so many options available now, it’s often unknown or misunderstood why one hires a CPA for tax preparation. Hiring a CPA can save you time and money, and is the right...
At some point in your career, your business is most likely going to need a CPA record of financial statements. Mitch Heifler, CPA of Miami, Florida provides all three levels...
If you have accidentally misreported or withheld information on your tax return, there is no need to panic. The process for changing or adding information is called filing an...
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
Entrepreneurship can be real rewarding when it comes to freedom and financial stability, however, if you own a small business, and it has kicked off really well, there is one thing...
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...
Accountant Tax time is already here and people are trying to outwit the system by either going to a famous store-front to get a tax accountant who they strongly believe...
We often hear from some taxpayers that e-filing a return is not a good idea because you are nourishing the IRS with all your tax data, and makes it very easy for the agency to carry...
Posted by Kevin J May CPA on 01/22/2016