The administrative aspects of bookkeeping can be time-consuming, but they also be an area where mistakes can be made that can have tax implications for your business. Therefore, it...
While a vast majority of taxpayers do not have to worry about getting audited, there is still a chance that you could be audited. Especially since these audits are deemed by the IRS...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
When it comes time to prepare your tax return, you may find the number of potential deductions and credits, quite overwhelming. Not to mention the various schedules, forms and calculations...
Posted by Horizon Client Services, LLC on 03/03/2016
For many taxpayers, college was an amazing experience, but also a very costly one. Most students graduate with some form of debt. The most frequent type of debt is in the form of student...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
Openly citing that they target the working poor and include certain fees that can easily translate into yearly interest percentage rates ranging between 50% and as high as 400%, the...
For many, filing their tax return leads to a tax refund depending on their status and income. Working with a tax preparer, such as Bhatia & CO, INC, CPAs in Santa Clara, CA, you...
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
Your tax responsibility this year can cause a lot of financial stress that may put elements of your life in jeopardy. No one wants to fall behind on their payments or have their property...