In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
Medical expenses are a huge expense that you will have to pay throughout the year. Many people know that they can deduct some of their expenses for medical emergencies, as long as...
Medical expenses can add up quickly. There always seems to be more of them and getting sick is something that you can’t always control. Many families feel like they are weighed down...
Investing in real estate can be a great option for many people. This is one of the best options for helping you to make money on the side, or even a full time income, compared to many...
As you prepare to file your taxes, there is many deductions that might apply to your particular situation. One such area is the realm of medical expenses. While most of us know that...
For many companies, the provisions of the Affordable Care Act (ACA) have phased in specific tax credits and potential penalties. Individuals and employers all have criteria to meet...
Buying or selling a home can be one of the most stressful and exciting times of your life. However, selling your home also has tax implications. In order to meet your requirements...
When filing your taxes, most individuals see the current tax bracket system as a mystery and are often left scratching their heads over how much tax they actually owe. The system may...
Posted by BHATIA & CO, INC, CPAs on 02/05/2016
As tax time comes around again, there is the feeling of mystery that seems to accompany the realm of tax brackets. Questions surround how your tax bracket is determined and what that...