Self-employment can be seen as an important part of financial freedom, as well as freedom from the standard 9 to 5 employment. However, the traditional benefits of an employer versus...
When you start a new business, there are plenty of considerations that you need to take into account. One of the areas is taxes. However, it is not just one type of tax, but several...
For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
Four Things to know about the Affordable Care Act for 2015.How will the Affordable Care Act affect your 2015 federal income tax return?Four items to consider.* Premium tax credit....
Posted by Byron L. Riley, CPA on 03/23/2016
When it is time for your tax return, it is important to find all of your deductions and credits in order to save more money than ever before. There are a lot of these deductions and...
For a number of individual taxpayers who find they owe the IRS, the tax bill might be more than they can afford to pay by the annual tax deadline. Even if you cannot afford your tax...
It can be difficult enough to pay a tax debt, but once penalties are added, the cost can be even higher. However, the IRS provides an option to avoid the additional debt of penalties....
Posted by Brian Walsh EA on 03/19/2016
College is a dream for many young people, but it can leave their parents lying awake at night trying to figure out how to pay for it. However, tax regulations have provided a 529 savings...