Bookkeeping for a small business can often seem to be a full time job all on its own. While it might be tempting to take some short cuts to move the process along, those shortcuts...
Back taxes are pesky little things that can do more damage to your life than any other kind of debt that you could imagine. Unlike other debt that can be dealt with over time or even...
It is the ultimate dream. Getting to sit in your pajamas all day and do a bit of work while watching your favorite show and hanging out with the kids. You don’t have to answer to...
Moving can be a big step in your life. Perhaps you are moving in order to take on a new career. Many people move because they want a bigger house for the kids or a smaller one when...
Many older children these days now look after and take care of their aged parents. Unknown to many; however, Uncle Sam can reward you in the form of tax credit for such care to reduce...
Posted by Elliot Kravitz, ATP on 06/24/2021
Individuals can exclude up to $250,000 of income from capital gains tax on the sale of their primary residence, thanks to the Internal Revenue Code (IRC) exclusion of home sales. Married...
Posted by Elliot Kravitz, ATP on 06/11/2021
It is no news, nor will it come as a shock to anyone that more companies are entering the global market, including small and medium-sized businesses. Deliberate expansion into a promising...
Posted by Elliot Kravitz, ATP on 06/06/2021
This article sheds light on vital tax tips that can significantly help real estate investors. Be OrganizedIf you want to get back the funds you believe you deserve for the tax...
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...