When you decide to make a charitable donation, the tax benefits of doing so are probably not at the top of your priority list. More likely, you are donating to the charity because...
Posted by Flynn Financial Group Inc on 02/12/2018
For many business owners, paying taxes is a very touchy subject that many would rather not discuss or even think about. The simple reason is that tax planning is complex, which causes...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/12/2018
As a small business owner, you’ve got nothing to worry about. Revenue comes easy, expenses are minimal, and it is no problem at all to meet your tax requirements at the end of...
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
It's all too easy to make tax mistakes when tax season rolls around again, although you can help to keep mistakes to a minimum by following these tips.Car DeductionsOne of the...
Posted by Omni Fidelity Associates on 01/18/2018
When it comes to your taxes, there are a variety of fees that you can deduct. But some of these are only available to you if you are filing business taxes and cannot be used for your...
Posted by ALJ Business Services,LLC on 01/11/2018
The IRS (Internal Revenue Service) has introduced some new policies in 2018, which include living cost changes for pensions and inflation adjustments for specific taxes. These yearly...
Posted by Lone Star Tax Group on 01/11/2018
Answer: Bad news... As much as we all wish we could deduct taxes from personal loans, any interest that you pay out on them are simply not tax deductible. For instance, if...
We all know the two things that you can't escape in life: death and taxes. But while you can't avoid them, you can find deductions on your taxes to reduce the amount you...
Posted by ALJ Business Services,LLC on 12/29/2017