Tax time is not something that most people look forward to, unless of course you are expecting a large refund. Tax time is probably one of the most stressful times for many and then...
Posted by Financial Balance LLC on 11/30/2015
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
There are many companies who have been operating in the industry for a long time but they have never gone through an audit. Similarly, the companies who are about to go public; should...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015
Many taxpayers overpay their taxes every year just because they neglect one of the following money-savers. To remind all those people and update their tax deduction knowledge, we have...
Posted by Cheryl Panattoni Forensic Accounting and Tax Inc on 10/30/2015
Bases for asserting jurisdictions Who to tax? What income to tax? Personal relationship between a taxpayer and the country This concept also applies to corporations and other type...
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....
Posted by East Harlem Tax Service on 05/23/2015