Articles - Page 20

Your Taxes and Writing - What Can You Actually Deduct?

In this article, I’m going to focus on assisting writers get every possible tax benefit just from writing. Becoming a very successful writer can undoubtedly be expensive, don’t...

Here are the 11 Ways you can use to save on Your Taxes This Year

AccountantIt is officially tax time – a crucial time to reminisce the previous year with an eye toward maximizing tax credits and deductions and significantly lowering your tax burden....

Dividend Income

If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland.  Dividend income is divided into two categories by the IRS,...

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...

Rules for foreign currency transactions

Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...

Tax Savings Tips

For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...

Tax Benefits for Investors

Have you been making huge profits in your real estate but you don’t get to enjoy them? You have no idea where all your money goes when it’s tax time? Think. Have you been planning...

Tax Planning 101: Use Stock Market Losses to Reduce Tax Burden

Investing, in its bare bones form, is all about letting the money you have make more money for you. This holds true for stock market investment too. Investing in the stock market allows...

Taxes for Startup Founders

The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...