An unexpected, unusual or sudden event that causes damage to your property would allow you to enjoy a casualty deduction -- in that tax year -- for the loss to your property. The...
Lost amid the perplexity of the federal government shutdown this year was another arrangement of punishments the IRS started to issue as a component of the office's progressing...
Posted by John Pournaras Agency on 08/28/2019
An ETF (exchange-traded fund), is a negotiable instrument that tracks an index of stocks, commodities, bonds or a basket of assets. Although they are similar in many respects, ETFs...
Posted by Debi G Hill, CPA on 08/26/2019
Suppose you think of a company as an unincorporated parallel business. If your business expenses exceed your income, you will have a net loss. You may feel that you can deduct this...
Posted by YourIRSTaxAdvocate.com on 07/29/2019
Peradventure you are indebted to the IRS and can't pay, you might be qualified to defer making payments on past-due personal income taxes. To meet all requirements for deferral,...
Posted by Valderas Financial Solutions LLC on 07/26/2019
The 2017 tax law's cap on the state and neighborhood tax deduction has been a standout amongst the most polarizing components of the government update, and the IRS could before...
Posted by Debi G Hill, CPA on 07/25/2019
The IRS uses new technologies to process tax returns and tax audits. As more and more users send returns electronically, the IRS improves the efficiency of processing returns. They...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/01/2019
Being independent has many advantages. Being your boss means having the freedom to work as you wish, to do what you want when you want it. There are no demanding supervisors to dictate...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/01/2019
The tax season can be an expensive and confusing time of year with all types of schemer ready to steal refunds. The tax scam is as long as the tax itself.But nobody wants to face monetary...
Posted by John Pournaras Agency on 04/09/2019