Form 1040 is one of the official documents required by IRS and used by taxpayers in filing for the year’s income tax return and is also considered to be the most complex among...
Posted by Accounting Tax Service on 03/23/2018
Everyone who pays tax knows that it is not very easy to give a chunk out of your hard earned money to the government when you might have a lot of different money problems that require...
Posted by Larry D. Tew, EA on 03/05/2018
Improving offshore compliance has been a top priority of the Internal Revenue Service (IRS) for some time now. Because of this, people's ability to avoid detection is almost impossible,...
Posted by Omni Fidelity Associates on 02/08/2018
It is problematic, if you miss your tax return deadline, however, this problem can be rectified. If you requested an extension to your filing deadline, you are not late. However, if...
Posted by David Yeomans Accounting Service, Inc. on 01/18/2018
If you're regularly involved in fundraising events, you should be aware of how to handle fundraiser taxes. Generally, the proceeds received from fundraising aren't taxable....
There are numerous differences between so-called civilian tax and military tax deductions. For one thing, combat pay is not taxable for enlisted personnel and, within certain limits,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/04/2018
The IRS released a list of taxes changes this year that would impact tax payers across the nation. One of those tax changes, was an exciting increase in the maximum Earned Income...
Posted by Bottom Line Tax Services, LLC on 09/27/2017
If you have never heard of the Earned Income Tax Credit, you may be missing out on a financial boost that can help you pay for some of the items and services your family needs. The...
Posted by Advantage Tax Service on 05/17/2017
Every year, millions of taxpayers take advantage of the earned income credit, or EIC. This credit helps low income families and some single taxpayers who make less than the benchmark...
Posted by Bottom Line Tax Services, LLC on 03/08/2017
