Whether you're working with a tax preparer or you're going it alone on filing your tax return, deductions are important for lowering your taxable income. Less income to be...
Posted by Better Tax Returns on 03/01/2018
When it comes to saving for the future of a disabled child or family member, family can often be limited in their options. However, the government has created a savings account that...
Medical bills can get expensive. When you have to worry about a big surgery or another issue creeping up on you, your medical bills can soon get a bit scary. Most people are constantly...
Tax deductions are popularly known to diminish your taxable earnings. Lesser earnings mean that you incur a small tax bill. But, the main confusion here, for many taxpayers is...
Posted by Allan J Rolnick, CPA, CTC on 01/13/2016
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
There are many companies who have been operating in the industry for a long time but they have never gone through an audit. Similarly, the companies who are about to go public; should...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015
Gross income comes from following categories of income: Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property. Leasing generates rental income....
Posted by The Accounting and Tax on 03/05/2015