If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Valderas Financial Solutions LLC on 01/10/2018
If you own a vehicle for business use or even use your personal car for job tasks, you may be eligible for certain tax deductions. That part probably comes as no surprise, but it's...
Posted by Valderas Financial Solutions LLC on 01/03/2018
Caring for aging parents is not always an easy task. This is especially true when taking care of another person comes with financial responsibilities such as making sure their medical...
Posted by Valderas Financial Solutions LLC on 12/27/2017
In an 18th century letter, Benjamin Franklin is said to have written:...in the world nothing can be said to be certain, except death and taxes." It's been a while since Mr.Franklin...
Posted by Valderas Financial Solutions LLC on 12/20/2017
Ideally, you should file once and do that correctly. However, if you want to or have to make amendments, the following are some rules you should be aware of. Amended Returns Aren't...
Posted by Valderas Financial Solutions LLC on 12/13/2017
No one likes paying penalties. However, the IRS likes levying them to encourage tax compliance. Without there being penalties, many Americans could not even bother paying taxes. There...
Posted by Valderas Financial Solutions LLC on 12/06/2017
Many entrepreneurs spend a lot of time book in logging receipts and expenditures, computing accounts payable and receivable, tracking profits and losses, filing taxes, and so on. The...
Posted by Valderas Financial Solutions LLC on 11/29/2017
About 25 percent of U.S. families who care for their parents spend in excess of $10,000 each year doing so. Plus, 40 percent of all families who pay the way for their elderly parents...
Posted by Valderas Financial Solutions LLC on 11/22/2017
If you sell your primary residence two to five years after purchasing it, you would be eligible for home sale gain tax exemptions. However, you would have to fulfill a wide range...
Posted by Valderas Financial Solutions LLC on 11/15/2017