When its tax time, reducing your tax liability means making sure that you have received all your credits and deductions. Many individuals are concerned about itemizing deductions,...
Taxes can bring out the worst in anyone. Is your sugar low and pressure mounting high because of that tax bill? Deductions might not totally relieve you off your obligations, but reduce...
Chances are if you worked independently during 2015, and made over $400.00, you will most likely have to file a Schedule SE. The Schedule SE is used to report self-employed taxpayer...
Do you happen to be the charitable type? Depending on which organization(s) you chose to donate your time, money, or goods to, you may be able to deduct those donations on your tax...
The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...
Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...
Posted by The Accounting and Tax on 01/28/2016
Running a small business is hard work. We here at Donna J. Jackson & Associates, PLLC understand that small business owners don’t have as much free time as they’d...
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
If there’s one that resident in the Portland metropolitan area can agree on, it is that income taxes are extremely high. Despite the lucrative minimum wages relative to the rest...