What is a Profit and Loss Statement?After every financial year, it is normal for businesses to know if they are making a profit or losing. A company can access its revenue, expenses,...
Posted by CORE PERFORMANCE on 11/04/2021
Having an up-to=date book is primal to your business success. Freelancers might be able to keep tabs on their bank account to know their business success. However, with bookkeeping...
Amid all the cautionary advice to prevent students from borrowing too much money to pay for their university education, one bit of good news may go unnoticed: interest paid on student...
Running a business is quite tricky without increasing the complexity of filing taxes every year. The key, experts say, is to work with your financial advisor or an accountant throughout...
Posted by Debi G Hill, CPA on 01/23/2020
Formerly known as the Retirement Savings Contribution Credit, the savings credit offers a unique tax advantage to low- and moderate-income taxpayers who save for retirement. This credit...
Posted by Roland Zita, CPA on 05/30/2019
People who claim a standard deduction do not usually have to worry about the latest tax codes. However, when you plan to match your deductions for this tax season, check the latest...
Posted by Debi G Hill, CPA on 05/29/2019
Retirement is very important milestone in the life of the person and many get to taste the benefits of it. There is not just personal angle to it but also the financial and it requires...
If you are Paying greater than 1/2 of your dependent’s family expenses than you are eligible to claim the person on your taxes. Unlike kids, mother and father don’t have...
Posted by J.R.'S TAX SERVICE on 05/16/2018
For many small business owners, it is important to know what type of taxes you are responsible for early in the process of creating your business. At the same time, many small business...