Young families can keep their tax bills low by following some significant measures. Our list will help them to save for college, benefit from their flex account, and through many other...
Paying taxes is a burden that everyone has to bear but the Internal Revenue Service does have a few tax breaks and deductions that help ease your tax burden. Also, taxes are different...
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
When evaluating the state tax policies, retirees have some special concerns. These may be about Social Security benefits, estate taxes, property taxes, or some other kind of taxes...
The US tax system is continuously growing as the government is constantly adding new rules to close loopholes and increase tax revenues. Yet, there remain many strategies people can...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015
Single parents filing their taxes have various deductions and tax credits they can use to reduce their taxable income and decrease the amount of personal income taxes they have to...
Posted by East West Accounting Services LLC on 11/19/2015
A small business generally doesn’t have a stream of corporate tax lawyers and accountants to plow through the ever evolving tax regulations to find all the legal methods and...
Posted by ERNIE BUSTAMANTE on 11/18/2015
Having a Baby? Keep Your Eye on These Tax Deductions Let’s face it. Having a baby is expensive, especially if it’s your first. As you prepare to welcome a newborn into...
Posted by Financial Balance LLC on 10/30/2015
In the previous article, we touched base on the various types of allowances and deductions allowed to people serving in the Armed Forces. Notably, exclusion of income of members...
Posted by AllRight Consulting & Tax, LLC on 01/12/2015