Fresh retirees often have to cope up with the sudden changes that hit them when they quit something they've been doing for several years together. The adjustment could mean a lot...
Posted by Bottom Line Tax Services, LLC 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
Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Bottom Line Tax Services, LLC on 06/14/2017
Most people only think about their tax preparation when they want to file their tax return. The smart thing to do would be to get an education on the tax system and understand tax...
Posted by CROMWELL & ASSOCIATES, LLC on 06/14/2017
There's no question that there are some really high quality tax credits based on tuition and other education deductions. While many people feel like they have a solid grasp on these...
Posted by RONNIE@RLDARDENCPA.COM on 06/07/2017
When it comes down to reclaiming a portion of your college education expenses, you have a couple of options at the time of income tax filing: claiming an education credit, or tuition...
Posted by Advantage Tax Service on 06/07/2017