When you sell any asset that you own for personal or investment use you end up with either a capital gain or loss. Depending on the price at which you bought the asset, you can determine...
Posted by Larry D. Tew, EA on 04/12/2018
When both husband and wife document the taxes collectively, they may be additionally answerable for the tax debt collectively. Even though they get separate at one point in life, one...
Posted by Allen Kemper on 03/26/2018
When it is the time of filing taxes, everyone panics but no one thinks that choosing the right tax preparer would do the work for them. The panicking keeps them away from thinking...
Posted by Allen Kemper on 03/23/2018
When it comes about owning the business mostly people know about three types of business ownership which is sole proprietorship, S Corporations and Partnerships. There are other types...
Posted by Allen Kemper on 03/15/2018
A lot of people get confused when someone talks about the homeowner’s closing cost and its associations. When you make a purchase of a house and pay the full amount along with...
Posted by Allen Kemper on 03/15/2018
Everyone who pays tax knows that it is not very easy to give a chunk out of your hard earned money to the government when you might have a lot of different money problems that require...
Posted by Larry D. Tew, EA on 03/05/2018
IRS collection system is an internal revenue service to enforce collection actions. If taxes are late and the IRS received no reason about the delay of taxes, the law necessitates...
Posted by Larry D. Tew, EA on 03/05/2018
Getting a legal advice from the tax preparer is always better to find out about the tax resolution rather than staying in ambiguity related the tax issues. You have to be sure that...
Posted by Larry D. Tew, EA on 03/01/2018
Did you know that you may be leaving hundreds or even thousands of dollars on the table when you file your taxes this year? From medical insurance premiums to magazines, there are...
Posted by Lone Star Tax Group on 02/14/2018
