When a spouse dies, there can be a lot of financial considerations, especially if the spouse that passes was the primary breadwinner or the one who handled the retirement planning....
For small businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains. Capital...
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...
As we near the filing due date for individual tax returns, we may find that we are still missing key information that is necessary to claim a credit or a deduction. Working with your...
For a variety of businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains, which...
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
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...
College is expensive. Statistics indicate that it is just getting more and more expensive every year. Even the books are hundreds of dollars apiece. Expenses like student fees, student...
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