Tax legislation continually changes, with new laws and regulations springing up every time. With the South Dakota v. Wayfair case, more complications were added to e-commerce...
A legalized will is vital so as the making and writing of the will. History has made us understand why there is a need to write a will while you are still alive. Because when you die,...
Posted by Affordable Accounting Assistance on 03/08/2019
If you own a general contracting business or one of the supporting businesses, such as plumbing, electrical or drywall, then you will need to keep accurate records. The most important...
When you have a child with special needs, there can be plenty of concern regarding their care when the parents or other family members are no longer able to care for that child, due...
For small businesses that are looking to grow to the next level, it can be difficult to find a way to raise the capital to support that growth. However, if you have decided that you...
Many older children these days now look after and take care of their aged parents. Unknown to many; however, Uncle Sam can reward you in the form of tax credit for such care to reduce...
Posted by Elliot Kravitz, ATP on 06/24/2021
The Internal Revenue Service can impose a huge number of tax defaulters that do not pay taxes or do not pay on time. These penalties may also include financial penalties imposed on...
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...
Are you wondering if there is a hard rule on taxable income and non-taxable income? The answer is simple: all income is taxable unless it is expressly excluded by law. But, as you've...