When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect, along with specific requirements to have health insurance. Various groups...
Posted by BHATIA & CO, INC, CPAs on 03/03/2016
If your employer does not offer a retirement savings plan, it can be difficult to take the next step to begin the process of saving. However, the U.S. Treasury Department is now offering...
Posted by BHATIA & CO, INC, CPAs on 02/23/2016
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
Posted by Joseph J. Gormley CPA on 02/12/2016
Most likely, living in Miami, Florida, you have considered the possibility of buying property for the purpose of renting it out. Rental property can be a great source of income,...
The high deductible and Health Savings Account insurance plan is seen more and more frequently. The Health Savings Account covers qualified medical expenses, and has certain...
Posted by Joseph J. Gormley CPA on 02/06/2016
When filing your taxes, most individuals see the current tax bracket system as a mystery and are often left scratching their heads over how much tax they actually owe. The system may...
Posted by BHATIA & CO, INC, CPAs on 02/05/2016
As tax time comes around again, there is the feeling of mystery that seems to accompany the realm of tax brackets. Questions surround how your tax bracket is determined and what that...
Posted by Allan J Rolnick, CPA, CTC on 02/04/2016
Taxes are complicated. However, the least complicated thing about taxes are the tax brackets. If your income is between certain numbers, then you pay whatever rate is associated with...
Posted by Kenneth M Perkins CPA/PFS on 02/03/2016
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
Posted by Kenneth Taylor Accounting Services on 02/02/2016
