While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...
Posted by AccuraTax LLC on 01/28/2016
Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...
Posted by Larry Gurewitz on 01/26/2016
If there’s one that resident in the Portland metropolitan area can agree on, it is that income taxes are extremely high. Despite the lucrative minimum wages relative to the rest...
Posted by BTL & Company, P C, Tax & Accounting on 01/26/2016
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
Posted by Shannel Reed on 01/23/2016
We often hear from some taxpayers that e-filing a return is not a good idea because you are nourishing the IRS with all your tax data, and makes it very easy for the agency to carry...
Posted by Kevin J May CPA on 01/22/2016
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
Posted by Williams Tax & Bookkeeping on 01/22/2016
Millions of taxpayers have overpaid their taxes throughout the years. Many of these same taxpayers are unaware of these deductions, so it is important to work with your tax preparer...
Posted by James Wells EA MBA Tax Office on 01/21/2016
A tax deduction is a feasible and convenient way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total...
Posted by ERNIE BUSTAMANTE on 01/19/2016
A tax deduction is the right way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total tax bill, for a complete financial...
Posted by ERNIE BUSTAMANTE on 01/19/2016
