Being prepared for the worst case scenario is often a good way to ensure that you are not caught off guard. This is especially important when you are dealing with your health. No one...
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
Self-employment can be seen as an important part of financial freedom, as well as freedom from the standard 9 to 5 employment. However, the traditional benefits of an employer versus...
Four Things to know about the Affordable Care Act for 2015.How will the Affordable Care Act affect your 2015 federal income tax return?Four items to consider.* Premium tax credit....
Posted by Byron L. Riley, CPA on 03/23/2016
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
The high deductible and Health Savings Account insurance plan is seen more and more frequently. The Health Savings Account covers qualified medical expenses, and has certain...
Many individuals have seen the benefits of becoming self-employed, such as being better able to define your work-personal life balance. Yet there are a variety of expenses that you...
For many companies, the provisions of the Affordable Care Act (ACA) have phased in specific tax credits and potential penalties. Individuals and employers all have criteria to meet...