As a small business owner, you can make your taxable profit lower by claiming small business deductions. While you, or the accountant you hire, prepares your business tax return,...
Posted by CROMWELL & ASSOCIATES, LLC on 05/31/2017
If you have never heard of the Earned Income Tax Credit, you may be missing out on a financial boost that can help you pay for some of the items and services your family needs. The...
Posted by Advantage Tax Service on 05/17/2017
Small businesses purchase equipment to use in offices and to perform services or manufacture a product. It can be difficult to determine whether a piece of equipment should be expensed...
Posted by PB Tax & Accounting Services on 05/17/2017
Americans are required to file their annual tax returns by April 15th. However, there are numerous challenges as far as filing your income is concerned. It is generally advisable...
Posted by Bottom Line Tax Services, LLC on 05/17/2017
About 25 percent of U.S. families who care for their parents spend in excess of $10,000 each year doing so. Plus, 40 percent of all families who pay the way for their elderly parents...
Posted by CROMWELL & ASSOCIATES, LLC on 05/17/2017
Most taxpayers believe that if they want to claim any deductions but the standard ones, they must file an itemized tax return. The truth is there are a series of deductions that may...
Posted by RONNIE@RLDARDENCPA.COM on 05/10/2017
About one-quarter of all U.S.families who take care of aging parents spend more than $10,000 per year doing so. In addition, at least 4 out of 10 families who care for elderly parents...
Posted by PB Tax & Accounting Services on 05/10/2017
The tax reform proposal coming from the Trump administration includes another two dependent care deductions that will benefit families paying for child care. The first proposed tax...
Posted by Advantage Tax Service on 05/09/2017
What's the best way to take advantage of all possible tax strategies for 2017? Perhaps the smartest way to pay less to Uncle Sam is to take advantage of as many deductions as...
Posted by Bottom Line Tax Services, LLC on 05/09/2017