According to data published by The Wall Street Journal, 3.7 million Americans submitted amended federal income tax returns in 2015. These amends were made to take advantage of tax...
Posted by Kimberly Perry CPA on 03/27/2017
Time Running Out to Claim $1 Billion in Tax Refunds from 2013Taxpayers who did not file a tax return for 2013 may be one of the nearly 1 million who may be due a refund from that year....
Posted by Emelia Mensa CPA on 03/03/2017
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
The IRS, the states and the tax industry are committed to protecting Taxpayers from identity theft. But, they need the community help to join us in this effort.By taking a few simple...
Posted by Emelia Mensa CPA on 01/09/2017
When starting a new business, tracking expenses and income is a key part of the administration of your business affairs. However, it also means that you must choose what type of accounting...
When it comes to saving for the future of a disabled child or family member, family can often be limited in their options. However, the government has created a savings account that...
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
When a small business owner is looking for a way to expand into their business, they may look for avenues where their industry has not yet made a name for themselves. However, many...