Are you afraid to take a home office deduction because you’re worried it might trigger an audit? This fear is common among small businesses. But there’s really no need...
Posted by Flynn Financial Group Inc on 06/22/2020
As the saying goes, to be forewarned is to be forearmed. After preparing the Form 1099 MISC forms, stop and check if the info entered is correct. Before submitting these forms to individuals...
Posted by Carmen Garcia on 06/11/2020
Prepared or not, tax return reporting was amended once more for the 2020 tax year. The IRS considerably fused the Form 1040 in 2018 which results in a total reconstruction of the old...
Posted by Freddie Cook, CPA on 04/03/2020
The FAST (Fixing America Surface Transportation) Act, a five-year law on bipartite land transport approved by the House (359-65) and the Senate (83-16), was signed by President Obama....
Posted by LLOYD J CAZES CPA on 09/30/2019
The total spending for K-12 schools and college reached $82.8 billion in 2018, nearly as high as 2017’s $83.6 billion, that’s according to the National Retail Federation’s...
There are things that are inevitable, some of them are death and taxes. As a loved one bid goodbye from mortality, his liability from this world remains that would be the responsibility...
Posted by Global Accounting on 03/01/2019
All types of income deal with taxation and the payment of social welfare may not be taxable. In case, it can get social welfare payment, you can get a tax credit of employee. If the...
Posted by J.R.'S TAX SERVICE on 07/30/2018
It is advisable for the taxpayers to make the charity payment since it will be beneficial for them when they are filing taxes. If you are not sure about this information then you can...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 07/30/2018
There are some of the things which have changed in new 1040 form for 2019. As the year has passed and the taxes have been collected from the people who have filed on time, the changes...
Posted by Valderas Financial Solutions LLC on 07/23/2018