If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
In today’s fast-paced life, it is often easy to get caught up in the rush and not be able to complete important tasks like filing your tax returns. There may be other factors...
Posted by ERNIE BUSTAMANTE on 10/30/2015
Quite often I get asked what type of tax breaks are our men and women in the military receiving. This is a complicated question because military personnel receive different types...
Posted by AllRight Consulting & Tax, LLC on 12/30/2014
The following items are included in income of taxpayer for a taxation year: Alimony or maintenance payments (s. 56(1)(b) and s. 56(1)(e)) Allowances for personal, living, or any...