It’s that time again. Tax season is just around the corner, and some have already gotten started on the process. When it comes to working on your taxes, it can seem overwhelming....
Many taxpayers choose to run their business out of their home. This saves them money on renting out another space and the maintenance and utilities of another locations. And for...
Coastal Business Services understands that the tax laws can be confusing to most taxpayers. While it would be ideal to just fill out a few yes or no questions and be done for the year,...
The United States often uses tax deductions, credits, or other tax benefits to encourage certain social policies that it deems desirable. For example, they may want married people...
There are not many laws that encourage you to hang on to an asset longer than you already have, but long term capital gains tax treatment laws do just that. Your tax rate on capital...
Like many other states, the Sunshine state has income tax, sales tax, property taxes, and estate taxes. Our tax system is set up to be much like the federal income tax system, but...
All business owners, whether their businesses are big or small, wonder whether they really need a CPA firm to handle their finances and taxes. Are you one of those people who think...
If you own some rental property and are wondering whether you are entitled to any special tax benefits, then you should know that you do have some special privileges. As a landlord,...
Passion is Why We Do What We Do It has been my experience that most, if not all, small businesses are formed out of enthusiasm. A person or group of people see an opportunity...
Posted by Farrington Accounting and Tax, Inc. on 03/11/2015