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
When it comes to filing your taxes, deductions can be a powerful ally in helping you pay less to Uncle Sam when the bill is due. But some taxpayers are still a bit clueless as to how...
Posted by Flynn Financial Group Inc on 02/12/2018
Perhaps one of the biggest misconceptions about the capital gains taxes on real estate is that the passing of the Tax Cuts and Jobs Act in late 2017 means that major changes are coming....
Posted by Lone Star Tax Group on 02/12/2018
As is the case every year there are some changes in tax filing regulations and guidelines this year, including an increase in the estate tax exemption, and an increase of about 0.4...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/12/2018
Small businesses and individuals wisely turn to tax preparation services when faced with questions about overall financial strategy, especially in light of the new tax bill recently...
Posted by Lone Star Tax Group on 02/06/2018
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
Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...
Posted by Flynn Financial Group Inc on 01/19/2018
As a business owner, there may come a time when you need financial support from an outside source to keep your business afloat. If you're a budding entrepreneur, you may need...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/18/2018
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...
