Earned income tax credit (EITC) is a subsidy of sorts for people belonging to low-income groups. The tax credit equals a standard percentage of income, right from the first earned...
Posted by Joseph J. Gormley CPA on 03/08/2017
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 ICHIBAN INTL., INC. dba US-Taxman on 03/08/2017
Time Running Out to Claim $1 Billion in Tax Refunds from 2013Taxpayers who did not file a tax return for 2013 may be one of the nearly 1 million who may be due a refund from that year....
Posted by Emelia Mensa CPA on 03/03/2017
Those pesky medical expenses seem to get higher every year. Health insurance premiums and deductibles have increased for many people over the past decade, so it is in your best interest...
Posted by Christeen Seymour CPA on 03/02/2017
Tax planning involves taking advantage of any chance you get to estimate your income, be eligible for the right credits, shrink your expenses, and reduce your taxable income. Smart...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 02/15/2017
Generally, there are two major issues most taxpayers come across with regard to their tax commitments. First is failing to withhold sufficient federal income taxes. Second, being...
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
Tax preparation can take a lot of time and effort even if you are an experienced accountant. For businesses trying to take care of their own income tax return, taxes, or interactions...
Posted by PB Tax & Accounting Services on 01/25/2017
Life is unpredictable. When something interrupts your plans, it’s good to know there’s a way to supplement your income, in case of an unexpected life event.Social Security...
