Making charitable donations is one way to reduce taxes. Donations can be used as tax deductions for taxpayers who choose to itemize deductions instead of taking the standard deduction....
Posted by Lone Star Tax Group on 12/20/2017
Like most people in America today, you have spent all of your life paying into Social Security, but did you know that up to 85% of your benefits may be ate up by tax demands from the...
Posted by Lone Star Tax Group on 12/19/2017
Whether we are working at a job or building our own business, we always want our money to grow. One great way to do so is investing the money we earn. But it is important to understand...
Posted by The Accounting and Tax on 12/16/2017
One common investment that people get involved in is real estate. Perhaps you have been living in a home you own and decide to upgrade, renting out your existing home.Or maybe you...
Posted by Advantage Tax Service on 12/13/2017
Fresh retirees often have to cope up with the sudden changes that hit them when they quit something they've been doing for several years together. The adjustment could mean a lot...
Posted by Advantage Tax Service on 12/06/2017
9.3.2 [a] Arm’s Length StandardArticle 9 incorporates into the Treaty the arm’s length principles reflected and noted above in U.S. domestic law. In its most basic dimensions,...
Posted by The Accounting and Tax on 12/05/2017
Those pesky medical expenses seem to get higher every year. Health insurance premiums and deductibles have increased for many people over the past decade, so it is in your best interest...
Posted by Advantage Tax Service on 11/29/2017
The end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may...
Posted by Noel Lorenzana, CPA on 11/24/2017
All homeowners should probably be aware of the term "basis". Basis is essentially the sum your house (or other similar property or investments such as stocks or mutual funds) is...
Posted by Advantage Tax Service on 11/22/2017
