There will be many circumstances or periods where you will owe the IRS money. If you are unable to pay and have avoided paying the IRS, you may be subject to seizure, which is...
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...
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
Posted by Shannel Reed on 01/23/2016
Entrepreneurship can be real rewarding when it comes to freedom and financial stability, however, if you own a small business, and it has kicked off really well, there is one thing...
Posted by Kenneth M Perkins CPA/PFS on 01/23/2016
In order to report various forms of income or to take advantage of various deductions, the IRS typically requires you as the taxpayer to complete various forms known as tax schedules....
Posted by Denisha Marino on 01/23/2016
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...
Posted by Denisha Marino on 01/22/2016
With marriage, one not only gains a new partner in life, but also a new set of circumstances in terms of their tax liability going forward. For married couples during tax season, their...
Posted by Denisha Marino on 01/22/2016
Throughout our society, the Baby Boomers are getting older. As a result, their children are now in the position of caring for these older family members. The expenses that result from...
Posted by Denisha Marino on 01/22/2016
Accountant Tax time is already here and people are trying to outwit the system by either going to a famous store-front to get a tax accountant who they strongly believe...
Posted by Kevin J May CPA on 01/22/2016
