There are three ways to request a tax transcript: through the IRS' online portal, mail, and through the phone. All of them are simple and free of charge process. In the IRS portal,...
While preparing your tax return, the first thing that is required of you is to choose your filing status. Your filling status is a determinant of many factors regarding your tax return....
Posted by Bishop & Associates CPA's, LLC on 03/08/2019
During tax season, everyone is interested in having the biggest tax return possible. You spent all year putting part of your income into the government and no one wants to find out...
According to the Bureau of Labor, more than 1/3 of daycare workers operated their own businesses and most of these did so out of their own homes. Parents like the idea of in home daycares...
When it comes filing your tax return, your filing status can make a big difference on the size of your tax liability. Additionally, your tax filing status can even determine if you...
Getting ready for retirement is an important part of life. We do not live in a society where it is possible to just stop working when we get older and have everything taken care of....
The earned income credit is a great choice that you can make to save some money during tax time. But not every tax payer is going to be able to qualify for this deduction when they...
For many individuals who are saving for retirement, a Roth IRA can be very appealing. Most taxpayers prefer to pay the taxes now versus in the future, where they might not now the...
For many individuals who are saving for retirement, a Roth IRA can be very appealing. This is because you pay income taxes on the contributions when you add them to the IRA, versus...