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...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 11/30/2015
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
Posted by BHATIA & CO, INC, CPAs on 11/29/2015
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...
Posted by East West Accounting Services LLC on 11/29/2015
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
There will come a time when you have to start pondering over when and how to withdraw money from your work-related 401(k). If your employer’s pension plan administrators have...
Posted by East West Accounting Services LLC on 11/19/2015
For most taxpayers, a tax refund is a windfall, a huge amount of money that could be used for many important purposes, but is paid in taxes only to be returned a few months later....
Receiving a 1099 is not a joyous occasion and if you were not expecting one, then you may not be tickled to see it in the mail. A 1099 means that you owe taxes on income you have received....
Posted by Asharp Bookkeeper on 10/30/2015
In today’s fast-paced life, it is often easy to get caught up in the rush and not be able to complete important tasks like filing your tax returns. There may be other factors...
Posted by ERNIE BUSTAMANTE on 10/30/2015
