The federal government estimates that approximately 60% of people use paid tax preparers to complete and file their tax returns. If you fall into this category, you have nothing to...
Posted by Tim Thompson CPA PLLC on 06/15/2020
Itemized deductions are tax deductions you receive for various expenses incurred during the year. They can sometimes exceed the standard deduction, which means that specifying the...
Posted by Don Bell Law on 06/11/2020
As a home business owner, you can make several tax deductions related to the cost of running your business, including expenses incurred to run your business from a home office. There...
Posted by Carmen Garcia on 05/17/2020
Many people without wealthy parents or access to scholarship will find college expenses overwhelming. In addition to the high tuition fee, there are many expenses. The good news is...
Posted by Don Bell Law on 04/02/2020
When you file tax returns, deductions reduce your income and the amount you owe. Taxpayers have two options: they can claim a standard deduction, or they can specify and request specific...
The life of a retiree should only be canvas boats and golf trips on weekends. (This may be true if you've made a fortune in your career). For the rest of us: we will try to find...
Posted by Valderas Financial Solutions LLC on 11/12/2019
If you are a full-time Forex trader, there are several significant tax benefits for those who are not available to more informal market participants. The bad news is that it is quite...
Posted by John Pournaras Agency on 10/31/2019
The Tax Cuts and Job Act is the most crucial series of amendments to the US tax code in a few decades. The vast majority of the amendments will come into effect in the 2018 fiscal...
Posted by Flynn Financial Group Inc on 10/29/2019
Parliamentarians have been trying for years to slightly give the seniors a bit of break at the time of taxation, and the 2018 bipartisan Budget Act has finally taken a decisive step...
Posted by John Pournaras Agency on 10/29/2019