IRS has its own test to determine whether you are qualified to claim another person to be your dependent in terms of taxes. It’s called a Joint Return Test. A Joint Return Test...
Posted by GLEN SMITH on 03/11/2019
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
Filing your yearly tax return is not the only time you need the service of a professional tax preparer. If you are too busy or always run a tight schedule and you don’t have...
Posted by Roland Zita, CPA on 03/08/2019
If you know what tax deduction is and how it works, you may end up saving yourself a lot of money in 2019. For example, if you fall into the 25% tax bracket, you will be saving $250...
Posted by HENRY OSEGO TAX SERVICE on 01/27/2019
Among the many changes made by the Tax Cuts and Jobs Act (TCJA) that was signed into law on December 22, 2017, is the elimination of the alimony deduction from the tax code through...
Posted by Global Accounting on 01/24/2019
Once you go through a divorce, there are so many things you’re going to have to deal with. These are usually the emotions of a broken relationship as well as the paperwork, the...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/22/2019
Separation among couples is a very common thing specially in the western world where the women have equal In fact stronger rights as compared to the men. In countries where the law...
Posted by Valderas Financial Solutions LLC on 01/09/2019
A recent update to income tax withholding for 2018 was announced by the IRS in their IR-2018-5 news released. The Tax Cuts and Jobs Act (TCJA) created changes which led to the updates....
Posted by Flynn Financial Group Inc on 11/05/2018
This is the time of year - not after year end - for you to reach out to your tax preparer. This is especially important in 2018 with so many tax law changes. Tell your preparer...
Posted by Maureen Thielen, EA, MST on 09/02/2018