When preparing your tax return, you have to choose between standard deductions and itemized deductions. Your choice would likely depend on the higher figure, which is what most taxpayers...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 05/17/2017
Medical expenses are one deduction that can make a significant impact on the amount you owe the IRS. Itemized deductions such as medical expenses are used by many taxpayers in lieu...
Posted by RONNIE@RLDARDENCPA.COM on 02/22/2017
There are times when you will need to travel for business. Whether you run your own business or you are working for someone else and need to travel, you may be able to deduct some...
When we are making charitable donations, especially if they are larger donations of property or taxes, it can be easy to meet any necessary requirements to be able to take advantage...
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...
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
Of all the forms involved in filing your tax return, tax form 1040 might just be one of the most important. This form is one of a few that helps you file your annual federal taxes,...
When you work hard for your money and you are invested in making it go as far as possible, your options to keep it in your own pocket may vary. Being savvy when it comes to personal...
Come tax season, your ultimate goal when it comes to filing your return is to maximize your tax savings. There are several ways to this both throughout the year with investment options...