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...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
The time has come to set your appointment with your tax professional or accountant to prepare to file your taxes. To get the most out of your appointment, it helps to be prepared....
Posted by AccuraTax LLC on 02/04/2016
Little can be compared to the pressure that typically comes at around that April deadline when you begin to think more seriously about your relationship with the Internal Revenue Service-...
Chances are if you worked independently during 2015, and made over $400.00, you will most likely have to file a Schedule SE. The Schedule SE is used to report self-employed taxpayer...
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
If you want to understand the workings of taxation in the US better and how the relevant authorities play out the whole procedure using the IRS guideline basics, contact the accountants...