Donations to qualified charities are tax-deductible and can reduce your taxable income, which can help you reduce your tax bill. You may need to itemize your tax deductions in detail...
Posted by Pat Raskob on 04/17/2022
Nobody likes to do their taxes, but the task is even more difficult when preparing returns for the death of a spouse or a death certificate. If you are preparing a 1040 federal tax...
Posted by Taxes Made EZ Inc on 02/15/2022
An unexpected tax bill can ruin anyone's day. To help you avoid this unpleasant surprise, here are some simple steps that many people can take to reduce their taxes. In many cases,...
A business may use the term "per diem" to describe a type of work or a method of budgeting certain business expenses. Employers and employees can find many benefits to using...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/31/2022
Here are tips on how to prevent criminals from accessing your Social Security number.Once potential identity thieves see your Social Security number, there is no way to keep your Social...
Posted by Pat Raskob on 08/06/2021
When is the perfect time to give birth to a child during a tax year so as to claim that child as dependent on your tax return? You might be amazed by the answer: but anytime during...
The COVID 19 relief package passed in March 2020 includes provisions valued at $2.3 million to cushion the pandemic's effect. It is called CARES Act and comes with a package for...
Opening up the business of your choice is not a walk in the park. It is not enough that you have the necessary capital to invest in the type of shop or store that you have been planning...
Restricted expenditures are common among non-profit organizations. The money donated is to solve a specific program or was contributed to be used after a particular time or event like...
Posted by CORE PERFORMANCE on 07/12/2022