If you're a gambler or if you intend to start gambling in 2016, then one thing you need to keep in mind is that whenever you make a loss on your gambles, you can claim a deduction...
If like most taxpayers you've been thinking that capital gains tax is just for the rich people, it's high time you stopped thinking in that direction. Any time you sell a capital asset...
The tax professionals at Johnson, Johnson & Associates, Inc in Yeadon, PA have previously shown you that if you sell your home, you can exclude up to $250,000 on your capital gains...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
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...
No one likes paying taxes. A few people may enjoy preparing tax returns, like Allan J Rolnick, a professional tax preparer, but absolutely no one actually likes paying for the taxes....
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
For some people, filing their taxes is like playing the lottery. They often do not understand the taxing process (no one understands it completely), but they assume that they...
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
There are many complicated requirements and restrictions that come with this general rule, so consulting with an experienced tax professional like Allan J Rolnick in Forest Hills,...