When it comes to running your own business, the record keeping can be intensive, but those same records can also assist you in qualifying for a myriad of deductions. This is particularly...
Most taxpayers would consider a vehicle or car a necessary part of everyday life, including the expenses that go along with it. As such, it might be worth tracking your vehicle expenses,...
For small business owners, the use of their vehicles can be an important part of their business growth. Meetings with clients, vendors and perspective investors are just some of the...
College is one of the largest expenses one will incur during their lifetime. With college tuitions rising steadily each year, and enrollment seeing a huge increase in the last...
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...
Medical expenses can add up quickly. There always seems to be more of them and getting sick is something that you can’t always control. Many families feel like they are weighed down...
As you prepare to file your taxes, there is many deductions that might apply to your particular situation. One such area is the realm of medical expenses. While most of us know that...
As tax time comes around again, there is the feeling of mystery that seems to accompany the realm of tax brackets. Questions surround how your tax bracket is determined and what that...
Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...