Articles - Page 2

Don't Ignore These Federal Tax Deductions of 2018

At a centralized level, a federal tax deduction is way to reduce the amount of income that is subjected to taxes. From the gross income of a taxpayer, the tax deductions are subtracted....

Breaking Down Simplified Employee Pension (SEP) Plans

Pension plans specifically intended for self-employed individuals and small businesses are called Simplified Employee Pension (SEP) Plans. It’s also known as SEP/IRAs because...

Individual Retirement Accounts

What is an 'Individual Retirement Account (IRA)?An individual retirement account is basically an investing tool for the individuals who use it to earn as well as earmark the funds...

Retirement Savings

When a person chooses to leave the workforce, it is important to plan for your retirement. Whether you invest your money or just put a little away each week, the best way to lift your...

How To Cut Taxes Without Itemizing

Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...

A List of Small Business Tax Deductions

Running a small business is hard work. We here at Donna  J. Jackson & Associates, PLLC understand that small business owners don’t have as much free time as they’d...

Smart Ways for Big Tax Savings

Hello everyone! This is Donna from Donna J.  Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can...

Five Rulings To Filing Your Taxes Without The Stress

With an April 15 tax deadline, last minute filers and even those individuals and businesses who begin to prepare their tax forms at the beginning of the season will find that they...