When struggling with the filing personal taxes at the end of the year, we all find ourselves asking the same question: Should I itemize my return or opt for the standard deduction?...
Posted by ALJ Business Services,LLC on 01/18/2018
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
For small businesses in the U.S., tax preparation is an essential part of maintaining a profitable bottom line. There is absolutely no reason that a company should pay more in taxes...
Posted by Flynn Financial Group Inc on 12/29/2017
It would be disastrous to non-profit charitable organizations if they should lose their tax-exempt status. Therefore, it is incumbent upon the leaders of such organizations to familiarize...
Posted by Flynn Financial Group Inc on 12/29/2017
A Roth IRA conversion is an appealing prospect to many people. If this applies to you, it is possible to do this in 2017, without fretting about tax code changes. If the rate of tax...
Posted by Lone Star Tax Group on 12/20/2017
Making charitable donations is one way to reduce taxes. Donations can be used as tax deductions for taxpayers who choose to itemize deductions instead of taking the standard deduction....
Posted by Lone Star Tax Group on 12/20/2017
The end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may...
Posted by Noel Lorenzana, CPA on 11/24/2017
Back in 2015, the IRS overhauled some rules regarding deductions related to retirement savings accounts. While HSA funds are largely unaffected, taxpayers doing their best to reduce...
Posted by Advantage Tax Service on 07/05/2017
Two of the most beneficial ways to lower your tax liability in 2017 are opening certain types of retirement and health savings plans. Adding and withdrawing funds is not subject to...
Posted by Joseph J. Gormley CPA on 05/08/2017
