There's no question that there are some really high quality tax credits based on tuition and other education deductions. While many people feel like they have a solid grasp on these...
According to data published by The Wall Street Journal, 3.7 million Americans submitted amended federal income tax returns in 2015. These amends were made to take advantage of tax...
Posted by Kimberly Perry CPA on 03/27/2017
With tax season upon us, it is important to consider potential write offs and deductions that you may be eligible to claim this year. Additionally, if you have already filed but your...
Posted by RONNIE@RLDARDENCPA.COM on 03/22/2017
Taxpayers can reduce mistakes when filing their annual returns by using tax preparation software. Making a mistake while filing taxes can result in a higher tax bill or a lower tax...
As dreadful as the word might sound, tax basis remains one of the most important components as far as filing tax returns is concerned. Also referred to as adjusted basis or cost basis,...
Posted by Bottom Line Tax Services, LLC on 03/15/2017
Those just starting their small business have a lot to consider, but one thing you cannot afford to overlook is your small business deductions. There are quite a number of them that...
Posted by Maureen Thielen, EA, MST on 03/15/2017
If you've sold assets, made investments, have mutual funds, stocks, or received an inheritence, you'll need to figure out your tax basis when filing your income tax return. Tax basis...
Posted by Joseph J. Gormley CPA on 03/14/2017
Filing your tax return can always cause a bit of stress, particularly if you wait until the last minute. However, there are a few tax changes that the IRS has made that could in fact...
Posted by Martin Radensky on 03/08/2017
There's no denying that putting together a tax return can sometimes feel a bit overwhelming, especially if you aren't used to following each and every tax change that the IRS puts...
Posted by Maureen Thielen, EA, MST on 03/08/2017
