When it comes to the information that your small business has access to or stores as part of your normal course of business, there are more security issues to protect that information...
Posted by MVW Services on 06/25/2016
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...
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by AccuraTax LLC on 01/28/2016
Almost all states in the US subject gambling incomes to taxation. Similarly, gambling losses are subject to tax deductions but only to the extent of your gambling wins. TaxMedics in...
If you live in Las Vegas, then you’re no stranger to the fortunes that can be made by Dame Fortune. While you may bask in the financial windfall, don’t expect for that feeling...
It is a legal requirement that the Internal Revenue Service occasionally examines your tax return to verify that your income values and details on deductions are correct. In such a...
Posted by Shannel Reed on 01/13/2016
As tax season approaches, you may race to hire a tax preparer in order to file your tax returns in time. But in your haste, make sure you don’t choose a tax preparer who is ready...
The National Association of Enrolled Agents reports even smart taxpayers can make mistakes, while filing their taxes. This is because of the complex tax code that confuses not...
What is money laundering? Money laundering is a criminal act perpetrated by individuals in which they disguise the real ownership and control of the proceeds of illegal conduct by...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015