Renting out your home is one way that you are able to bring in a little extra money. But the amount of time and the amount of space that you rent out with determine how you will claim...
These days pretty much everyone knows it's never too early to start planning for retirement. The staff at Williams Tax & Bookkeeping in Benton, AR know that taxpayers want to get...
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...
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...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
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...
You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...
Tax season is soon approaching and people are starting to scramble around. As soon as you get all of your W2’s and other forms in the mail, you will be able to get started on that...
Let’s face it: we are all love tax deductions. Getting a tax refund is a fascinating thing, and as Kenneth Taylor, a Oklahoma taxpayer representative at Kenneth Taylor Accounting...