Starting a new business can be an exciting time in your life. You have put a lot of time and energy into the business and you want to make sure that you have it all in order. One of...
When we are making charitable donations, especially if they are larger donations of property or taxes, it can be easy to meet any necessary requirements to be able to take advantage...
When most of taxpayers think of trusts, they typically are associated with those high income earners and not the average middle class family. Yet trusts can provide a vast number of...
College is a dream for many young people, but it can leave their parents lying awake at night trying to figure out how to pay for it. However, tax regulations have provided a 529 savings...
College is expensive. Statistics indicate that it is just getting more and more expensive every year. Even the books are hundreds of dollars apiece. Expenses like student fees, student...
Saving for retirement is a great financial decision. It allows you to build up a nice nest egg so that you can live comfortably and have money, outside of your social security benefits,...
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...
If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
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...