Tax deductions can prove to be very beneficial for your small business setup. Not only do they put extra money in your pocket every year, but they also provide you various personal...
People generally try to include as many deductions as possible in their tax return forms so that they have to pay as less as possible. If you have a family member with special needs,...
Posted by Stephen Elmore on 11/30/2015
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
A taxpayer has various options when it comes to filing his or her income tax returns. If you earn a modest income, do not own a house, work for someone else, or supervise plenty of...
Donating is popular throughout the United States and many people give to their favorite organizations throughout the holidays and year as well. If you enjoy the gift of giving and...
When it comes time to file your taxes, you may be wondering what head of household is and why you should or should not claim it. If you have never heard of the term, you are not alone...
The US tax system is continuously growing as the government is constantly adding new rules to close loopholes and increase tax revenues. Yet, there remain many strategies people can...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015
Whether you are self-employed already or thinking about going down the independent route, an important consideration of this status is how to lower your taxes. Granted, this is an...
Posted by BHATIA & CO, INC, CPAs on 11/19/2015
Single parents filing their taxes have various deductions and tax credits they can use to reduce their taxable income and decrease the amount of personal income taxes they have to...
Posted by East West Accounting Services LLC on 11/19/2015