Since medical practices are fortunately considered to be one of the most important drivers of economy, there are lots of tax /peaks offered by the local and state governments for medical...
Americans gave $520.23 billion in charity in 2015, equivalent to 3% of the U.S. GDP (gross domestic product). The majority of that charity, $418 billion, came from the individuals...
With so many options available now, it’s often unknown or misunderstood why one hires a CPA for tax preparation. Hiring a CPA can save you time and money, and is the right...
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...
In order to report various forms of income or to take advantage of various deductions, the IRS typically requires you as the taxpayer to complete various forms known as tax schedules....
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
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...
If you live in Las Vegas, then you’re no stranger to the fortunes that can be made by Dame Fortune. While you may bask in the financial windfall, don’t expect for that feeling...
Calculating your tax refund can be an involved process. Many factors come into play when trying to get an idea of what you might receive back from the IRS. There are ways to create...