What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
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...
Posted by Johnson, Johnson & Associates, Inc. on 03/26/2016
Having health insurance in an important thing. Being stuck without any insurance to protect yourself can make things difficult. You may have to come up with a large sum of money all...
Posted by Joseph J. Gormley CPA on 03/26/2016
Medical costs can get high throughout the year. Staying healthy is not always the easiest thing in the world to accomplish and it can cost a lot of money. But when it comes time for...
Posted by ERNIE BUSTAMANTE on 03/25/2016
Being self-employed can bring a great deal of freedom, both professionally and personally. Along with that freedom, you are now responsible for handling all of your own expenses. By...
Posted by Allan J Rolnick, CPA, CTC on 03/24/2016
Picking the right kinds of insurance that are going to work the best for you is often a challenge. There are so many options and you may be worried that you are not going to be able...
Posted by Horizon Client Services, LLC on 03/19/2016
Medical expenses can be deducted from your federal tax return as much as they exceed 10% of your annual gross income. Most people are aware of the common medical expenses...
Posted by Joseph J. Gormley CPA on 02/12/2016
College is one of the largest expenses one will incur during their lifetime. With college tuitions rising steadily each year, and enrollment seeing a huge increase in the last...
As you prepare to file your taxes, there is many deductions that might apply to your particular situation. One such area is the realm of medical expenses. While most of us know that...
Posted by James Wells EA MBA Tax Office on 02/05/2016
