We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes...
Posted by Joseph J. Gormley CPA on 01/05/2016
The first step to providing your business with exceptional tax services is to find an expert tax preparer that will work with you throughout the tax year and not just when it is...
Posted by MVW Services on 01/05/2016
Tax deductions can prove to be very beneficial for your small business setup. Not only do they put extra money in your pocket every year, but they also provide you various personal...
Posted by Asharp Bookkeeper on 11/30/2015
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
Whether you are self-employed already or thinking about going down the independent route, an important consideration of this status is how to lower your taxes. Granted, this is an...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015
Making projections from income statement requires: ü Spending a lot of time. ü Research and understand core of business model. ü Understand Revenue...
Posted by The Accounting and Tax on 07/24/2015
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....
Posted by East Harlem Tax Service on 05/23/2015
All businesses are required to report sales and income over a taxation year. Profits = Sales – Expenses Net Income = Profits – Taxes Categories included in an income...
Posted by The Accounting and Tax on 05/07/2015
