Many families will find that it is convenient, as well as a good way to make some extra money, to rent out their homes on occasion when they are gone. They may live in a big city or...
Posted by Patrick O'Hara, EA on 03/02/2016
In order for your tax professional or accountant to provide the best service, they need you to have done your homework. There are a variety of documentation that you need to keep throughout...
It is difficult to stay organized the whole year. But, staying organized will help you immensely at tax time. Professional tax preparers dread the people that bring in all of the receipts...
The United States often uses tax deductions, credits, or other tax benefits to encourage certain social policies that it deems desirable. For example, they may want married people...
There are not many laws that encourage you to hang on to an asset longer than you already have, but long term capital gains tax treatment laws do just that. Your tax rate on capital...
Like many other states, the Sunshine state has income tax, sales tax, property taxes, and estate taxes. Our tax system is set up to be much like the federal income tax system, but...
All business owners, whether their businesses are big or small, wonder whether they really need a CPA firm to handle their finances and taxes. Are you one of those people who think...
If you own some rental property and are wondering whether you are entitled to any special tax benefits, then you should know that you do have some special privileges. As a landlord,...
When you start out as independent contractor or freelancer, taxes are likely not the first thing on your mind. However, most self-employed individuals do not have taxes taken out...
Posted by Simon Hase, CPA on 01/05/2016