In America, corporations can opt for shareholder level taxation. In this situation, the corporation determines its' taxable income and files a corporate tax return. The income...
Posted by ALJ Business Services,LLC on 02/12/2018
If you run a business as a sole proprietor, don't expect to get out of paying taxes. You are still expected to pay them and there are some different steps when it comes...
Posted by J.R.'S TAX SERVICE on 02/12/2018
A lot of people lose their cool during tax preparation season. The reason for this has a great deal to do with the intimidatingly large amount of forms and knowledge required to do...
Posted by Peter J. Marchiano, Jr., CPA on 02/12/2018
Gross pay is the total amount an employer owes his employee for a specific pay period. It's extremely important in the world of payroll as it's used to calculate an employee's...
When you decide to make a charitable donation, the tax benefits of doing so are probably not at the top of your priority list. More likely, you are donating to the charity because...
Posted by Flynn Financial Group Inc on 02/12/2018
For the person who works out of their home, there are a lot of expense deductions that can be taken when it comes to income tax time. If you aren't sure if you can deduct...
Posted by Lone Star Tax Group on 02/06/2018
With the passing of the Tax Cuts and Jobs Act in congress back in December, there will now be some considerable changes to the way we file our taxes for 2018. Yet despite these significant...
Posted by Flynn Financial Group Inc on 02/06/2018
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
When it comes time to file your taxes, you have to know your status. For most people, it is as simple as whether you are married or not as of Dec 31. But there are some special situations...
