When the tax filing deadline is right around the corner, you suddenly realize you do not have much time to complete forms and file taxes. Fortunately, if you cannot file in by April,...
Posted by Valderas Financial Solutions LLC on 07/12/2017
About one-quarter of all U.S.families who take care of aging parents spend more than $10,000 per year doing so. In addition, at least 4 out of 10 families who care for elderly parents...
Posted by CROMWELL & ASSOCIATES, LLC on 07/12/2017
Americans dread an IRS audit because individuals charged with tax fraud charges could be fined up to $250,000 ($500,000 for corporations), end up in jail for up to five years, or...
Posted by Advantage Tax Service on 07/12/2017
The IRS will rarely audit your individual tax reports unless they notice discrepancies in the filed reports. As of 2016, only 0.70% of individual tax returns were audited by the IRS. Therefore,...
Posted by Bottom Line Tax Services, LLC on 07/12/2017
One of the more generous business tax deductions allowed by the IRS focuses on being able to use the expenses of buying, using, or owning a business vehicle as a write off when you...
Posted by Valderas Financial Solutions LLC on 07/05/2017
Rental income is always a good way to earn additional income. Where taxes are concerned, however, things can get a little tricky. With the help of a qualified accountant, you will...
Posted by CROMWELL & ASSOCIATES, LLC on 07/05/2017
Back in 2015, the IRS overhauled some rules regarding deductions related to retirement savings accounts. While HSA funds are largely unaffected, taxpayers doing their best to reduce...
Posted by Advantage Tax Service on 07/05/2017
An income tax return must be filed with the IRS each and every day year once it is that your total income has superseded the tax threshold amount. So important is filing your taxes...
Posted by Bottom Line Tax Services, LLC on 07/05/2017
There is no doubt that being subjected to an IRS audit involves a certain amount of luck or chance. Not everybody who deserves to be audited ends up facing one. Similarly, just because...
Posted by CROMWELL & ASSOCIATES, LLC on 06/28/2017