There will be many circumstances or periods where you will owe the IRS money. If you are unable to pay and have avoided paying the IRS, you may be subject to seizure, which is...
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
Posted by Shannel Reed on 01/23/2016
With marriage, one not only gains a new partner in life, but also a new set of circumstances in terms of their tax liability going forward. For married couples during tax season, their...
Posted by Denisha Marino on 01/22/2016
AccountantIt is no secret that the risks of committing avoidable tax flaws, particularly towards the tax filing deadline, are abnormally high, some with completely negative consequences...
Posted by Williams Tax & Bookkeeping on 01/22/2016
If you're a gambler or if you intend to start gambling in 2016, then one thing you need to keep in mind is that whenever you make a loss on your gambles, you can claim a deduction...
Posted by Johnson, Johnson & Associates, Inc. on 01/22/2016
For some people, filing their taxes is like playing the lottery. They often do not understand the taxing process (no one understands it completely), but they assume that they...
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
For many individual taxpayers, the only thing worse than having to meet with your tax professional to file your taxes is finding out that you paid more tax than you needed to. While...
Posted by James Wells EA MBA Tax Office on 01/21/2016
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
Hello everyone! Las Vegas, NV’s Book 2 Tax is here to answer some of your questions about the upcoming tax season. One of the most common questions that we receive when our clients...
Posted by Book 2 Tax on 01/21/2016
