Understanding Itemized Deductions We define itemized deductions as a series of expenses with which one can reduce taxable income on a tax return. It includes medical bills, interest...
Many people look forward to their wedding day when they will be beautifully dressed in a gown and suit with the couple looking forward with enthusiasm to all the beautiful things that...
When you are doing your taxes, there is a lot that you need to keep track of. Many Americans work hard to try and figure out their taxes at the end of the year, but then it is so confusing...
Tax season can be a stressful time for everyone. They worry that they are not going to be able to get the taxes filed on time or that there will be some other issue that makes it all...
At Coastal Business Services, we understand just how important your small business is to you. You started this business from the ground up and poured a lot of sweat and hard work into...
Passion is Why We Do What We Do It has been my experience that most, if not all, small businesses are formed out of enthusiasm. A person or group of people see an opportunity...
Posted by Farrington Accounting and Tax, Inc. on 03/11/2015
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...
It is a sad reality for many people that they will have to let go a particular percentage of their income to Uncle Sam. While there is nothing much we can do about that, the right...
All U.S. citizens do have up to the middle of the fourth month of the year to file in their annual tax. There are, however, other options for extensions based on various factors. There...
Posted by Elliot Kravitz, ATP on 01/19/2020