It is no longer possible for the 2018-2025 fiscal years to claim accidental loss and personal property theft as itemized deductions unless your claim is declared as a federally declared...
We have seen that the stock market has hit several new highs in recent months. This is in addition to the fantastic bull market that ran for more than ten years before the rapid coronavirus...
Opening up the business of your choice is not a walk in the park. It is not enough that you have the necessary capital to invest in the type of shop or store that you have been planning...
Article Highlights:General statute is 3 years Some states are longer Fraud, failure to file and other issues can extend the statute Records to dump Record to Keep...
Posted by Ace Plus Tax Resolution on 08/04/2020
Many people may believe that they can get away without filing taxes if they don’t receive any notices in that corresponding year. However, the Internal Revenue Service will investigate...
Posted by Ace Plus Tax Resolution on 07/22/2020
As a taxpayer if you have the intention or have already donated towards your favorite politicians' political campaigns. You might then be wondering if your contributions are tax...
Small Businesses could be referred to as a sole proprietorship, partnership business or corporations with little employees and revenue in comparison with a regular business entity....
Posted by Affordable Accounting Assistance on 01/27/2019
Filing your tax return is never a fun experience. You want to get it done early or even on time, but you also don’t want to see that big tax bill at the end of the year. Most people,...
For those who have moved into the world of self-employment or business ownership, there is a question of how to handle paying their taxes. After all, in a traditional employer setting,...