Millions of taxpayers have overpaid their taxes throughout the years. Many of these same taxpayers are unaware of these deductions, so it is important to work with your tax preparer...
Posted by James Wells EA MBA Tax Office on 01/21/2016
As a small business owner, many are familiar with the challenges of bookkeeping. Recording all the appropriate expenses, making sure to capture all the income and reconciling each...
Posted by MVW Services on 01/13/2016
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
There are five general types of business taxes that small businesses must file at the end of the tax year. The business you operate determines which of the following taxes you must...
Posted by East West Accounting Services LLC on 01/06/2016
If you operate a small business and have the need to control and manage every small detail of that business, you may be inclined to do your business taxes by yourself, without the...
Posted by James Wells EA MBA Tax Office on 01/06/2016
The US tax system is setup on both the federal and the state level. There are several taxes which citizens must file. These taxes include: income tax, capital gains and sales tax....
Posted by East West Accounting Services LLC on 01/05/2016
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...
As soon as tax season approaches, everyone rushes around at a hurried pace in order to file their returns on time. If you own a small business, this task may become more daunting as...
A taxpayer has various options when it comes to filing his or her income tax returns. If you earn a modest income, do not own a house, work for someone else, or supervise plenty of...