Articles - Page 6

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...

Investors: Make sure you avoid these 5 common tax mistakes

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...

A List of Small Business Tax Deductions

Running a small business is hard work. We here at Donna  J. Jackson & Associates, PLLC understand that small business owners don’t have as much free time as they’d...

Biggest Mistakes Entrepreneurs Make

Entrepreneurship is the business of setting up a business, or in simpler terms, business squared. I personally like the term because it has mixed connotations of reward, complexity...

Investors: Make sure you avoid these 5 common tax mistakes

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...

Smart Ways for Big Tax Savings

Hello everyone! This is Donna from Donna J.  Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can...

Five Rulings To Filing Your Taxes Without The Stress

With an April 15 tax deadline, last minute filers and even those individuals and businesses who begin to prepare their tax forms at the beginning of the season will find that they...

Tax breaks enjoyed by the Rich

If you are talking about tax deductions, the richer you are, the better it is for you. The middle class people of America have some tax breaks in their kitty like those of wealthy...

How can you carryover excess credit?

If foreign tax credits exceed the limitation in a given taxable year, these can be carried back one year and forward up to ten years. Excess credits on general limitation income...