When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect, along with specific requirements to have health insurance. Various groups...
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
College is one of the largest expenses one will incur during their lifetime. With college tuitions rising steadily each year, and enrollment seeing a huge increase in the last...
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...
Of all the forms involved in filing your tax return, tax form 1040 might just be one of the most important. This form is one of a few that helps you file your annual federal taxes,...
If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland. Dividend income is divided into two categories by the IRS,...
Hey everyone, Joe Gormley, CPA here to answer your tax questions. Do you live near Rutgers? Are you a fan of the Scarlet Knights? Even if you’re a fan of other great colleges, we...
Filing taxes can be quite burdensome and taxing. Given the complexity involved in filing taxes, it is not surprising that many people make mistakes when submitting tax returns. These...
If you have accidentally misreported or withheld information on your tax return, there is no need to panic. The process for changing or adding information is called filing an...