Taxes are the lifeblood of the government. It is a levy which placed on the profit of an institution to raise funds. It is also considered as a legal obligation to the government,...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 02/19/2018
Standard or Actual Expenses?Taxpayers who want to understand how to take advantage of vehicle deductions in order to lower their tax bill have a number of options. The IRS allows multiple...
Posted by Peter J. Marchiano, Jr., CPA on 02/12/2018
With the passing of the Tax Cuts and Jobs Act in congress back in December, there will now be some considerable changes to the way we file our taxes for 2018. Yet despite these significant...
Posted by Flynn Financial Group Inc on 02/06/2018
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
When it comes time to file your taxes, you have to know your status. For most people, it is as simple as whether you are married or not as of Dec 31. But there are some special situations...
Military taxes are an exemption for many retirees in an increasing number of states. West Virginia is the most recent addition, just after Arkansas passed a law that will end taxation...
Posted by Lone Star Tax Group on 01/04/2018
Whether we are working at a job or building our own business, we always want our money to grow. One great way to do so is investing the money we earn. But it is important to understand...
Posted by The Accounting and Tax on 12/16/2017
9.3.2 [a] Arm’s Length StandardArticle 9 incorporates into the Treaty the arm’s length principles reflected and noted above in U.S. domestic law. In its most basic dimensions,...
Posted by The Accounting and Tax on 12/05/2017
You might have thought to have a well-settled life financially. However, these would not happen automatically and you must realize that you need to act to make the same happen. We...
Posted by The Accounting and Tax on 10/23/2017
