Tax time can mean having a large bill, but also potential penalties. To avoid these, it requires determining when this extra income will come in and making tax payments to cover it.For...
When its tax time, reducing your tax liability means making sure that you have received all your credits and deductions. Many individuals are concerned about itemizing deductions,...
Saving for retirement is a great financial decision. It allows you to build up a nice nest egg so that you can live comfortably and have money, outside of your social security benefits,...
Many tax payers choose to contribute each year to their health savings accounts. This allows them to have money for those expensive medical bills as they get older. But once you turn...
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...
In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
If you sold your home last year, Laurence Smith and associates at Book 2 Tax want to help you take advantage of the Home Sale Gain Exclusion. Our knowledgeable staff of accountants...
When filing your taxes, most individuals see the current tax bracket system as a mystery and are often left scratching their heads over how much tax they actually owe. The system may...
Posted by BHATIA & CO, INC, CPAs on 02/05/2016
The time has come to set your appointment with your tax professional or accountant to prepare to file your taxes. To get the most out of your appointment, it helps to be prepared....
Posted by AccuraTax LLC on 02/04/2016