Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
Posted by Shannel Reed on 01/23/2016
There are certain provisions in the tax laws that are admittedly difficult to understand unless you have a good background of the law. And the adjustments or amendments that are made...
Posted by Shannel Reed on 01/23/2016
With marriage, one not only gains a new partner in life, but also a new set of circumstances in terms of their tax liability going forward. For married couples during tax season, their...
Posted by Denisha Marino on 01/22/2016
Accountant Tax time is already here and people are trying to outwit the system by either going to a famous store-front to get a tax accountant who they strongly believe...
Posted by Kevin J May CPA on 01/22/2016
We often hear from some taxpayers that e-filing a return is not a good idea because you are nourishing the IRS with all your tax data, and makes it very easy for the agency to carry...
Posted by Kevin J May CPA on 01/22/2016
AccountantA Beginners Guide to TaxesCongress, the lawmaking branch of the main government, usually writes the Internal Revenue Code (IRC), which is also commonly referred to...
Posted by Williams Tax & Bookkeeping on 01/22/2016
Hello everyone, Joe Gormley, CPA here to answer your financial questions. One common observation I’ve seen about mid-sized businesses is that many prefer to cut corners when trying...
Posted by Joseph J. Gormley CPA on 01/22/2016
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
Posted by BTL & Company, P C, Tax & Accounting on 01/21/2016
No one likes paying taxes. A few people may enjoy preparing tax returns, like Allan J Rolnick, a professional tax preparer, but absolutely no one actually likes paying for the taxes....
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
