For those who are self-employed, such as painters, freelancers and various other professions, the reality is that you may not always receive a 1099 from the various individuals who...
When you are starting your business, there are plenty of things to consider. As part of the tax process, there are multiple potential deductions available to businesses. Many of those...
For many business owners, equipment purchases are necessary to replace outdated equipment but to also expand their business’ capabilities during periods of growth. However, when...
Taxes will always be a headache. No matter how familiar you are with the tax laws you will never really be up for Caesar's gnawing demands. The Brian Walsh in Mahwah NJ, we know how...
It’s not every day that the words “Expatriate Tax” cross your path. Generally speaking, it’s not the most common of tax situations even if you’re a tax preparer. If you already...
The first thing to note when it comes to self-employed tax, SE tax, is that it only refers to Medicare taxes and Social Security benefits. Self-employed persons may be required to...
Posted by East West Accounting Services LLC on 01/06/2016
The US tax system is setup on both the federal and the state level. There are several taxes which citizens must file. These taxes include: income tax, capital gains and sales tax....
Posted by East West Accounting Services LLC on 01/05/2016
Capital gains and losses receive a special treatment under U.S tax law. Individual capital gains and losses are netted. Non corporate taxpayer’s net capital gains get a preferred...
Posted by The Accounting and Tax on 12/23/2015
When it comes to tax season, self-employed individuals often envy their employed relatives and friends, wishing they could mechanically input data in a W-2 form and be done with their...
Posted by ERNIE BUSTAMANTE on 11/18/2015