No one ever wants to be on the wrong end of an audit by the IRS, especially when you know the books are off or might not be as well put together as they should be. While individuals...
Posted by Advantage Tax Service on 06/14/2017
Small businesses purchase equipment to use in offices and to perform services or manufacture a product. It can be difficult to determine whether a piece of equipment should be expensed...
Posted by PB Tax & Accounting Services on 05/17/2017
Captial gains, inheritence Figuring out your tax basis when selling assets can be tricky because some transactions fall under guidelines defined under the IRS's Publication 551 while...
Posted by CROMWELL & ASSOCIATES, LLC on 05/03/2017
One of the most difficult processes for those who are new to retirement is the abrupt change of switching from accumulating funds to withdrawaling them. It is easy to see why this...
Posted by RONNIE@RLDARDENCPA.COM on 04/26/2017
Dealing with the IRS can be extremely intimidating, no matter how long you have been filing taxes or running your own small business. However, when it comes time to file a tax return...
Posted by Joseph J. Gormley CPA on 04/05/2017
Small businesses purchase equipment to use in offices and to perform services or manufacture a product. It can be difficult to determine whether a piece of equipment should be expensed...
Posted by CROMWELL & ASSOCIATES, LLC on 03/29/2017
The Internal Revenue Service (IRS) has recently intensified its focus on payroll tax crimes. Led by its watchdog, the Treasury Inspector General for Tax, the IRS released a report...
Posted by Joseph J. Gormley CPA on 03/28/2017
For any new retiree, the biggest challenge is the changeover from accumulating wealth through saving for retirement during your working days, to learning how to spend it in maintaining...
Posted by CROMWELL & ASSOCIATES, LLC on 03/22/2017
When you sell stocks, bonds, precious metals or other investments, it is crucial to know the tax basis of each asset. You will need this number to determine how much income or loss...
Posted by Michael Coleman Tax & Accounting on 03/15/2017
