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...
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
The administrative aspects of bookkeeping can be time-consuming, but they also be an area where mistakes can be made that can have tax implications for your business. Therefore, it...
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...
Medical costs can get high throughout the year. Staying healthy is not always the easiest thing in the world to accomplish and it can cost a lot of money. But when it comes time for...
Tax refund time can be a way to pay for that big splurge, pay down debt or even increase your savings. However, many taxpayers may be surprised by the size of their refund. If you...
For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
When it comes time to expand your family, adoption can be a viable option to make that situation a reality. However, it can also be an expensive process that may take several years...
After retiring, medical expenses can mount. Without the benefits of health insurance, a health savings account or HSA can reimburse you for a variety of qualified medical expenses...