When preparing your tax return, you have to choose between standard deductions and itemized deductions. Your choice would likely depend on the higher figure, which is what most taxpayers...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 05/17/2017
Medical expenses are one deduction that can make a significant impact on the amount you owe the IRS. Itemized deductions such as medical expenses are used by many taxpayers in lieu...
Posted by RONNIE@RLDARDENCPA.COM on 02/22/2017
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by M-E Accounting & Tax Services, Inc. on 06/26/2016
In some businesses, you are going to need to travel some in order to conduct the business. Very few times will you be able to just stay in one place and make the business run. But...
Posted by MVW Services on 04/25/2016
When most of taxpayers think of trusts, they typically are associated with those high income earners and not the average middle class family. Yet trusts can provide a vast number of...
Posted by ERNIE BUSTAMANTE on 04/07/2016
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...
Posted by 1-2-3 Financial Services, Inc. on 04/06/2016
When it comes filing your tax return, your filing status can make a big difference on the size of your tax liability. Additionally, your tax filing status can even determine if you...
Posted by Kenneth M Perkins CPA/PFS on 03/27/2016
Medical costs can get high throughout the year. Staying healthy is not always the easiest thing in the world to accomplish and it can cost a lot of money. But when it comes time for...
Posted by ERNIE BUSTAMANTE on 03/25/2016
As a business owner, you have to wear many hats. You are responsible for the day to day running of the business. You need to keep your customers happy, but you are also in charge of...
Posted by Horizon Client Services, LLC on 03/19/2016
