Articles - Page 62

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...

Making Lemonade Out of Lemons - Tax Loss Harvesting

AccountantHas 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 consider...

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...

Foreign Currency Translations and Transactions

Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...

Income Tax Losses

Hello everyone, this is Book 2 Tax here explain how to minimize your income tax losses this year.  Virtually no one wants to be subject to more taxes, but do you understand the...

Life Events That Influence How You Calculate Your Tax Refund

Life is always in a state of flux. People get married and divorced daily, children are born and other family members become dependent on us as we seek to take care for them. There’s...

Payroll Taxes

 Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...

Qualify for a Working Tax Credit?

Hello, everyone. It’s Joe Gormley, CPA here to offer some more tax advice for you.  If you are stressing out on how you’re able to pay your tax debt before April 15th, you’re...

Federal Tax Deductions

Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...