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...
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...
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...
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...
Accountant Has the instability of the stock market got you thinking about what exactly you can do? Now may be this is the perfect time to make your own lemonade. It is wise to...
For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
AccountantAll Small business owners are supposed to stay up to date and comply with the many obligations for state, local and even federal taxes. Most business owners normally hire...
The legendary musician Miles Davis has a famous quote when asked about the definition of jazz music: “If you have to ask, you’ll never know…” Luckily for us, taxes don’t...