It's critical to ascertain your commercial property's tax basis. The need to find out tax basis becomes even more pressing when you're trying to ascertain depreciation deductions...
Posted by PB Tax & Accounting Services on 03/15/2017
As dreadful as the word might sound, tax basis remains one of the most important components as far as filing tax returns is concerned. Also referred to as adjusted basis or cost basis,...
Posted by Bottom Line Tax Services, LLC on 03/15/2017
When you sell stocks, bonds, precious metals or other investments, it is crucial to know the tax basis of each asset. You will need this number to determine how much income or loss...
Posted by Michael Coleman Tax & Accounting on 03/15/2017
Tax preparation often gets a bad rap as being stressful or frustrating, but it can be made much easier with a skilled and professional tax specialist on your side. While many forms...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 03/15/2017
While you can reduce your tax bill through contributions to a Roth IRA or another type of retirement savings account, it's important to understand that several rules dictate how much...
Posted by CROMWELL & ASSOCIATES, LLC on 03/15/2017
Those just starting their small business have a lot to consider, but one thing you cannot afford to overlook is your small business deductions. There are quite a number of them that...
Posted by Maureen Thielen, EA, MST on 03/15/2017
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 Joseph J. Gormley CPA on 03/14/2017
Filing your tax return can always cause a bit of stress, particularly if you wait until the last minute. However, there are a few tax changes that the IRS has made that could in fact...
Posted by Martin Radensky on 03/08/2017
There's no denying that putting together a tax return can sometimes feel a bit overwhelming, especially if you aren't used to following each and every tax change that the IRS puts...
Posted by Maureen Thielen, EA, MST on 03/08/2017