History of the Bonus Depreciation LawUnder the previous law regarding bonus depreciation, a specified percentage of the cost related to acquiring a qualifying asset used to be deducted....
Posted by Foudy CPA Group,PC on 03/15/2018
According to the IRS, taxes rates will depend on the taxpayer’s source of income. Your profits from a stock sale, for example, will be generally taxed at a lower rate compared...
Posted by INTELESOFT FINANCIALS on 03/08/2018
Tax planning is an activity that may result in substantial tax savings. It is an art of arranging financial affairs and defers taxes through taking advantage of beneficial tax-law...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 03/08/2018
All new and existing business organizations carry various legal commitments and responsibilities. One of those major responsibilities is Corporate Taxes, which all businesses are subjected...
Posted by Edison Tax Group, LLC on 03/05/2018
Tax resolution is the process of developing and implementing a solution to solve a taxpayer’s IRS problem. A taxpayer owes the IRS or the State money and in here, the Internal...
Posted by Duce Taxes & Accounting on 03/05/2018
Paying taxes is a legal requirement for any individual who is earning wages in any country. But it is not very easy to give out your hard earned money to government or anyone in that...
Posted by John Pournaras Agency on 03/05/2018
Everyone likes taking deductions on their taxes. These tax breaks are critical for lowering what you owe every year and the more deductions you can claim, the less you'll have...
Posted by Abundant Returns Tax Service on 03/05/2018
Having the IRS and audits can make anyone stressed related to it, and it can be unpleasant for the business owners. It can raise the stress when the IRS and audits are there to happen...
Posted by Edison Tax Group, LLC on 03/01/2018
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