Captial gains, inheritence Figuring out your tax basis when selling assets can be tricky because some transactions fall under guidelines defined under the IRS's Publication 551 while...
Posted by CROMWELL & ASSOCIATES, LLC on 05/03/2017
How can taxpayers take advantage of every useful income deduction for 2017? The best way to pay a lower overall tax bill is to use as many deductions as possible, contribute to...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 05/02/2017
For most Americans, tax season is over and done. If you are in a select group of people, however, you may qualify for an automatic extension for filing your taxes. There's no magic...
Posted by Christeen Seymour CPA on 05/02/2017
For most Americans, tax season is over and done. If you are in a select group of people, however, you may qualify for an automatic extension for filing your taxes. There's no magic...
Posted by Kimberly Perry CPA on 04/27/2017
Real estate is one of those industries that the government benefits from immensely. For every property purchased or sold, there's a tax cut that the government takes. It therefore...
Posted by Maureen Thielen, EA, MST on 04/26/2017
The tax burden of a particular country is determined by the combination of distinct market forces and the laws that govern that country. In the US, the lawmakers and the IRS define...
The IRS allows for tax return amending if you did not file correctly in your last tax submission or you made a mistake. Filing your tax return is a mandatory requisite if your earnings...
Posted by Joseph J. Gormley CPA on 04/26/2017
While many taxpayers expect to receive a refund, many must pay the IRS, and not many people have a lump sum laying around to send to Uncle Sam. It is important to understand payment...
Posted by CROMWELL & ASSOCIATES, LLC on 04/19/2017
Filing late? Here are 6 tips to make the most of a bad situation... 1. Need income information? Just ask. When you are prepping your past due tax return, you may run into a need...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 04/19/2017
