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...
Running your daycare business from home can be a satisfying, but also stressful experience. Not only that, but you also have to manage all your bookkeeping, including tracking your...
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...
For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...
When you sell your home, you are essentially collecting capital gains if you make any profit from the sale of your home. While this could be a potentially stressful time, it also has...
For many homeowners, property taxes are a fact of life. If you own a second home or vacation home, then you have property taxes for that property as well. These properties can be subjected...
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...
When you file your tax return, you may find yourself in receipt of a tax bill versus a tax return. If you do not have all the funds necessary to pay off this bill, it can be a bit...
When opening a restaurant, you have multiple items on your mind. This can include setting up the equipment, choosing a menu and of course, handling the administration and bookkeeping....