When you sell your home, you are essentially collecting capital gains if you make any profit from the sale of your home. While this could be a potentially stressful time, it also has...
When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
For a variety of investors who are looking to diversify their portfolio, it can go beyond just choosing investments in a variety of industries. This can include investing in a global...
When it comes to your retirement, it is important to get started as early as possible. Most people assume they are going to have time to save for this important event if they wait...
While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...
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...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
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