For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Adoption is a beautiful thing. Many families want to add on to their love and have another child come and join them. Some of these families have a few children already but feel that...
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
For many foster parents, tax time may be slightly confusing. This is because while you are responsible for the care and well-being of your foster children, the same credits and deductions...
When it comes time to expand your family, adoption can be a viable option to make that situation a reality. However, it can also be an expensive process that may take several years...
When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect, along with specific requirements to have health insurance. Various groups...
When its tax time, reducing your tax liability means making sure that you have received all your credits and deductions. Many individuals are concerned about itemizing deductions,...
All income is taxable unless a law specifically says it isn’t. Here are some basic rules you should know to help you file an accurate tax return:Taxable income. Taxable income...
Posted by Salter Elite Consulting on 02/16/2016
Medical expenses are a huge expense that you will have to pay throughout the year. Many people know that they can deduct some of their expenses for medical emergencies, as long as...