There is no doubt that being subjected to an IRS audit involves a certain amount of luck or chance. Not everybody who deserves to be audited ends up facing one. Similarly, just because...
Posted by CROMWELL & ASSOCIATES, LLC on 06/28/2017
The real estate or mortgage business is the perfect career choice for people who wait for things and do not make decisions in haste. An investor who waits for the right time to...
Posted by Advantage Tax Service on 06/24/2017
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Bottom Line Tax Services, LLC on 06/24/2017
The home sale gain exclusion is one of the most beneficial tax breaks available to homeowners. Anytime you put your home on the market for sale; you could potentially benefit from...
Posted by RONNIE@RLDARDENCPA.COM on 06/24/2017
Small businesses, especially those still trying to get off the ground, often take their tax preparation very seriously. After all, every little deduction counts. As you get ready...
Posted by Advantage Tax Service on 06/21/2017
The way income is taxed varies immensely based on how that money is earned and what (if any) taxes have already been taken out before it reaches the recipient's hands. Rental income...
Posted by RONNIE@RLDARDENCPA.COM on 06/21/2017
As per federal law, employers must withhold a specific amount from their employee salaries and wages and remit them to the Internal Revenue Service (IRS) as income and payroll taxes. An...
Posted by CROMWELL & ASSOCIATES, LLC on 06/21/2017
Americans dread an IRS audit because individuals charged with tax fraud charges could be fined up to $250,000 ($500,000 for corporations), end up in jail for up to five years, or...
Posted by RONNIE@RLDARDENCPA.COM on 06/14/2017
No one ever wants to be on the wrong end of an audit by the IRS, especially when you know the books are off or might not be as well put together as they should be. While individuals...
Posted by Advantage Tax Service on 06/14/2017