The way income is taxed varies immensely based on how that money is earned and what (if any) taxes have already been taken out before it reaches the recipient's hands. Rental...
Posted by Advantage Tax Service on 07/19/2017
The IRS offers a wide array of business deductions to help ameliorate the tax burden when filing time comes around. Whether that's once a year or quarterly, being able to write off...
Posted by Bottom Line Tax Services, LLC on 07/19/2017
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
An income tax return must be filed with the IRS each and every day year once it is that your total income has superseded the tax threshold amount.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
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Bottom Line Tax Services, LLC on 06/24/2017
Fresh retirees often have to cope up with the sudden changes that hit them when they quit something they've been doing for several years together. The adjustment could mean a lot...
Posted by Bottom Line Tax Services, LLC on 06/21/2017
The way income is taxed varies immensely based on how that money is earned and what (if any) taxes have already been taken out before it reaches the recipient's hands. Rental income...
Posted by RONNIE@RLDARDENCPA.COM on 06/21/2017
As per federal law, employers must withhold a specific amount from their employee salaries and wages and remit them to the Internal Revenue Service (IRS) as income and payroll taxes. An...
Posted by CROMWELL & ASSOCIATES, LLC on 06/21/2017
Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Bottom Line Tax Services, LLC on 06/14/2017
