We all have that one activity we love to do. It is something used to take our minds off the stress of the day; it is our escape. However, there comes a time when this activity becomes...
Posted by Joseph J. Gormley CPA on 01/05/2016
With an April 15 tax deadline, last minute filers and even those individuals and businesses who begin to prepare their tax forms at the beginning of the season will find that they...
Tax season sends everyone into a frenzy and people who are often quite adept at their filing their taxes also are caught in the madness and end up making mistakes. This is often...
Taxes can be quite muddling and what complicates it even further is when people create certain myths and misconceptions about taxes. These make people wary of filing their returns...
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
In case you shift to another location due to your job in the current fiscal year, the Internal Revenue Service (IRS) allows you to claim the tax deductible for moving expenses in the...
Everything you need to know about audit procedures Audits are done to protect the capital markets. They assure and provide confidence to investors and potential investors in an organization’s...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015
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