For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...
If you’re looking to save money this tax season, itemizing deductions claimed on your taxes can the way to go. One problem that we see often is that because there’s often SO many...
As your family grows, there are also options to assist you in saving on your taxes and contributing to your family’s financial future. One of the main ways to save is through exemptions....
Posted by James Wells EA MBA Tax Office on 01/21/2016
The vast majority of individual taxpayers will file the Form 1040 to file their taxes. However, there are many other types of forms. The one that works best for you and your...
Posted by ERNIE BUSTAMANTE on 01/05/2016
Want to reduce your tax burden? Learn what the term ‘dependents’ mean as defined by the IRS. You will be happy to know that you can save up to $4,000 income tax for...
Posted by Financial Balance LLC on 01/04/2016
Tax planning is a necessary evil in the modern era. Prior to filing tax returns in April 2016, you must know about the important income tax deductions that will assist you in efficient...
Posted by Asharp Bookkeeper on 10/30/2015
Affordable Care Act—New for 2014 Shared Responsibility Payment Starting in 2014, every individual and each member of his family must have qualifying...