Qualifying as a real estate professional is not easy. On the bright side, if you qualify as a professional real estate, you are entitled to an income tax treatment that can benefit...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 12/29/2019
Parliamentarians have been trying for years to slightly give the seniors a bit of break at the time of taxation, and the 2018 bipartisan Budget Act has finally taken a decisive step...
Posted by John Pournaras Agency on 10/29/2019
You might have noticed something different when you recently purchased something on the internet: sales tax. Starting on October 1, 2019, remote sellers and marketplace facilitators...
Posted by Advanced Accounting & Tax Planning on 10/29/2019
During the last few months, the IRS has been busy. People in or near their retirement is where some of its work mainly focuses on. Under the tax code, the health portion genetic-testing...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/25/2019
Toward the year's end, it's typical for executives and professionals of various levels to feel overpowered by mounting assignments, ventures, and cutoff times. The December...
Posted by LLOYD J CAZES CPA on 10/23/2019
Trader tax status (TTS) comprises the cost of doing business treatment and opens an arrangement of essential tax benefits for eligible active traders. The initial step is to know if...
Posted by LLOYD J CAZES CPA on 10/23/2019
The legislators have been pursuing for a considerable length of time to allow seniors a touch of some breathing room at tax time, and the Bipartisan Budget Act of 2018, at last, made...
Posted by Advanced Accounting & Tax Planning on 10/23/2019
Summer work is an initiation ritual for many teenagers. And a lot of teenagers are discovering it the hard way that paying taxes is part of normal life.When collecting tax return documents,...
Posted by Debi G Hill, CPA on 10/01/2019
The FAST (Fixing America Surface Transportation) Act, a five-year law on bipartite land transport approved by the House (359-65) and the Senate (83-16), was signed by President Obama....
Posted by LLOYD J CAZES CPA on 09/30/2019
