Starting a new business can be a huge undertaking. One of the most important and first decisions that you need to make is to decide how it will be structured. This will determine the...
Selling your home can be a really difficult process to go through. Not only are you dealing with all the legal processes that come with selling your home, including some of the tax...
Renting out your home is one way that you are able to bring in a little extra money. But the amount of time and the amount of space that you rent out with determine how you will claim...
For many business owners, equipment purchases are necessary to replace outdated equipment but to also expand their business’ capabilities during periods of growth. However, when...
Starting a business is a big step. You have thought long and hard about the kind of business you would like to begin, and after some research, you will find that now might be the time...
Posted by Falisha Griffin on 02/21/2016
While closing a business can be an emotional time for a small business owner, it can also be equally full of multiple administrative tasks. The IRS itself has numerous requirements,...
Starting your business is a big deal. You came up with the idea, found the funding that will get it off the ground, and are excited to get going. But before you can open the doors,...
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...