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
Standard or Actual Expenses?Taxpayers who want to understand how to take advantage of vehicle deductions in order to lower their tax bill have a number of options. The IRS allows multiple...
Posted by Peter J. Marchiano, Jr., CPA on 02/12/2018
As is the case every year there are some changes in tax filing regulations and guidelines this year, including an increase in the estate tax exemption, and an increase of about 0.4...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES 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
When it comes to tax season, with a wide variety of tax deductions to consider, as well as many factors that might mean that tax has been overpaid, many people will be looking forward...
Posted by J.R.'S TAX SERVICE on 02/06/2018
As a small business owner, you’ve got nothing to worry about. Revenue comes easy, expenses are minimal, and it is no problem at all to meet your tax requirements at the end of...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES 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
Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...
Posted by Flynn Financial Group Inc on 01/19/2018
It's all too easy to make tax mistakes when tax season rolls around again, although you can help to keep mistakes to a minimum by following these tips.Car DeductionsOne of the...
Posted by Omni Fidelity Associates on 01/18/2018
