For a variety of investors who are looking to diversify their portfolio, it can go beyond just choosing investments in a variety of industries. This can include investing in a global...
While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...
Starting a new business can be an exciting venture and the beginning of a new career. But in order to make a successful start, you need to be sure to set up your tax information properly...
While closing a business can be an emotional time for a small business owner, it can also be equally full of multiple administrative tasks. The IRS itself has numerous requirements,...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...
Buying or selling a home can be one of the most stressful and exciting times of your life. However, selling your home also has tax implications. In order to meet your requirements...
The time has come to set your appointment with your tax professional or accountant to prepare to file your taxes. To get the most out of your appointment, it helps to be prepared....
Posted by AccuraTax LLC on 02/04/2016
The home sale gain exclusion is often considered one of the most valuable deductions you can use when you sell your home. This goes along with the many other tax deductions and credits...