Tax time is not something that most people look forward to, unless of course you are expecting a large refund. Tax time is probably one of the most stressful times for many and then...
Posted by Financial Balance LLC on 11/30/2015
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
People generally try to include as many deductions as possible in their tax return forms so that they have to pay as less as possible. If you have a family member with special needs,...
Posted by Stephen Elmore on 11/30/2015
Paying taxes is a burden that everyone has to bear but the Internal Revenue Service does have a few tax breaks and deductions that help ease your tax burden. Also, taxes are different...
Once you have switched over from the traditional modes of employment and start freelancing, taxes become your sole burden. When you were in a company, your employer used to handle...
A taxpayer has various options when it comes to filing his or her income tax returns. If you earn a modest income, do not own a house, work for someone else, or supervise plenty of...
During your working career, you are mostly worried about the current expenses you and your family have to bear. Life is fast-paced these days and a majority of people seem content...
Posted by Asharp Bookkeeper on 11/20/2015
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
The US tax system is continuously growing as the government is constantly adding new rules to close loopholes and increase tax revenues. Yet, there remain many strategies people can...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015