With an all new federal tax bill on the horizon, you may be one of the millions of people wondering how it is going to affect your tax bracket, standard deduction and itemized deductions....
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/14/2018
If you already found the right Tax Preparer to do the job for you, you probably don’t need to worry on whether to itemize your tax deductions or to do a standard one. But it...
Posted by Omni Fidelity Associates on 02/12/2018
Gross pay is the total amount an employer owes his employee for a specific pay period. It's extremely important in the world of payroll as it's used to calculate an employee's...
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
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 end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may...
Posted by Noel Lorenzana, CPA on 11/24/2017
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by M-E Accounting & Tax Services, Inc. on 06/26/2016
When it comes to tax time, there can be quite a bit of stress gathering the necessary paperwork for your tax return to be prepared. To reduce that stress, consider working at increasing...
Posted by Joseph J. Gormley CPA on 06/09/2016
For those who are serving in the military, there are a variety of potential tax deductions and benefits that may be available. However, there are some very specific benefits that apply...
Posted by Joseph J. Gormley CPA on 06/09/2016
