When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect, along with specific requirements to have health insurance. Various groups...
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
When it comes to running your own business, the record keeping can be intensive, but those same records can also assist you in qualifying for a myriad of deductions. This is particularly...
Selling your home can be a really difficult process to go through. Not only are you dealing with all the legal processes that come with selling your home, including some of the tax...
Renting out your home is one way that you are able to bring in a little extra money. But the amount of time and the amount of space that you rent out with determine how you will claim...
For many individuals who are saving for retirement, a Roth IRA can be very appealing. Most taxpayers prefer to pay the taxes now versus in the future, where they might not now the...
For many individuals who are saving for retirement, a Roth IRA can be very appealing. This is because you pay income taxes on the contributions when you add them to the IRA, versus...
When it comes to choosing retirement savings options, a traditional IRA cannot always match a Roth IRA. This is because you pay income taxes on the contributions when you add them...
Posted by James Wells EA MBA Tax Office on 02/23/2016
For many business owners, equipment purchases are necessary to replace outdated equipment but to also expand their business’ capabilities during periods of growth. However, when...