The biggest news about the Tax Cuts & Jobs Act (TCJA) that was recently passed by the U.S. Congress is that it has special deductions for business owners. If you have a partnership,...
Posted by Flynn Financial Group Inc on 01/11/2018
There are numerous differences between so-called civilian tax and military tax deductions. For one thing, combat pay is not taxable for enlisted personnel and, within certain limits,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/04/2018
Business taxes, as well as personal taxes, are challenging enough when filing time comes along. It's human nature to make mistakes, and thousands of individuals and companies...
Posted by ALJ Business Services,LLC on 12/29/2017
Audits, errors and delays...oh my. Nothing strikes heart in the fear of tax payers quite like these three aforementioned tax time uh-oh's. Unfortunately, the IRS is back (and more...
Posted by RONNIE@RLDARDENCPA.COM on 03/08/2017
Renting an apartment online? First, let me tell you about the FTC’s case against Credit Bureau Center, LLC – a company that posted fake online rentals to lure people to...
Posted by Emelia Mensa CPA on 01/18/2017
Most taxpayers tend to fall into two camps. The first is those who file early and use efiling to take advantage of the speedy return of their refund. The second camp are those who...
The administrative aspects of bookkeeping can be time-consuming, but they also be an area where mistakes can be made that can have tax implications for your business. Therefore, it...
When you file your tax return, you may find yourself in receipt of a tax bill versus a tax return. If you do not have all the funds necessary to pay off this bill, it can be a bit...
While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...