When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
Self-employment can be seen as an important part of financial freedom, as well as freedom from the standard 9 to 5 employment. However, the traditional benefits of an employer versus...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
College is a dream for many young people, but it can leave their parents lying awake at night trying to figure out how to pay for it. However, tax regulations have provided a 529 savings...
When it comes time to prepare your tax return, you may find the number of potential deductions and credits, quite overwhelming. Not to mention the various schedules, forms and calculations...
Posted by Horizon Client Services, LLC on 03/03/2016
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...
Many individuals have seen the benefits of becoming self-employed, such as being better able to define your work-personal life balance. Yet there are a variety of expenses that you...
Many individuals have seen the benefits of becoming self-employed, including the ability to make their own schedule and define their level of income without necessarily have a large...