If you have accidentally misreported or withheld information on your tax return, there is no need to panic. The process for changing or adding information is called filing an...
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
For some people, filing their taxes is like playing the lottery. They often do not understand the taxing process (no one understands it completely), but they assume that they...
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
If you sold your home or property this year, you may be subject to Capital Gains taxes. Capital Gains occur when you sell something that has increased in value, such as an investment....
A tax deduction is a feasible and convenient way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total...
A tax deduction is the right way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total tax bill, for a complete financial...
Paying tax can be painful, but have you considered that your tax-filing status could make a big difference in your tax bill? The amount you ultimately pay as tax is largely dependent...
Posted by Shannel Reed on 01/13/2016
Marriage is good for many reasons. Apart from the fact that married couples are happier (at least a majority of them), marriage also takes some financial burden off your shoulders....
Posted by BHATIA & CO, INC, CPAs on 01/13/2016
If you’re working as an employee of the company you’re contracted to, then your tax situation is pretty much straight forward. In fact, you may not have a lot of tax questions...
Posted by BHATIA & CO, INC, CPAs on 01/13/2016