Identity theft is a big problem when it comes to tax season. While you may think that you are safe, there are many cons who try to steal your identity in order to make money. How this...
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
Running your daycare business from home can be a satisfying, but also stressful experience. Not only that, but you also have to manage all your bookkeeping, including tracking your...
When you are starting your business, there are plenty of things to consider. As part of the tax process, there are multiple potential deductions available to businesses. Many of those...
Many taxpayers are worried that they will have to deal with an audit at some point. They may feel that there was something a little off with the tax return or they know of other people...
For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...
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...
For those looking to purchase a home or other investment properties, using a tax lien auction can be a great way to purchase a property by paying the unpaid property taxes. However,...
When you sell your home, you are essentially collecting capital gains if you make any profit from the sale of your home. While this could be a potentially stressful time, it also has...