You’ve scheduled your appointment with Professional Accounting Services, Inc. in Owing Mills, Maryland, and you are ready to get started! But where do you start? Besides...
Of all the forms involved in filing your tax return, tax form 1040 might just be one of the most important. This form is one of a few that helps you file your annual federal taxes,...
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
If you’re looking to save money this tax season, itemizing deductions claimed on your taxes can the way to go. One problem that we see often is that because there’s often SO many...
AccountantIt is no secret that the risks of committing avoidable tax flaws, particularly towards the tax filing deadline, are abnormally high, some with completely negative consequences...
AccountantAll Small business owners are supposed to stay up to date and comply with the many obligations for state, local and even federal taxes. Most business owners normally hire...
If you won the jackpot this year at one of the Casinos, you’ll want to put a little aside for the IRS. Casino winnings are taxable, and large payouts need to account for the...
Calculating your tax refund can be an involved process. Many factors come into play when trying to get an idea of what you might receive back from the IRS. There are ways to create...
A tax deduction is a feasible and convenient way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total...