The IRS often creates deductions and credits that will encourage certain social policies. The Work Opportunity Tax Credit is a good example of this phenomenon. This credit is specifically...
Deprecation can be a huge tax savings for businesses. However, many small businesses choose to ignore their depreciation because they do not understand it or believe that they...
Posted by The Goldberg Tax Practice, LLC on 01/05/2016
Whether you are an individual or a small business, insurance is probably a big part of your life. We insure everything from our homes, business buildings, vehicles, and even business...
Posted by The Goldberg Tax Practice, LLC on 01/05/2016
The vast majority of Americans take the standard deduction on a yearly basis. This is usually because itemizing your expenses takes time and effort because you must retain records...
Posted by The Goldberg Tax Practice, LLC on 01/05/2016
Farming and fishing ventures are usually considered a form of self-employment. The difference is that they have special reporting requirements and may have different benefits or...
Posted by The Goldberg Tax Practice, LLC on 01/05/2016
The vast majority of individual taxpayers will file the Form 1040 to file their taxes. However, there are many other types of forms. The one that works best for you and your...
Posted by ERNIE BUSTAMANTE on 01/05/2016
At EB Tax Consultants, we know that every credit counts when it comes to filing taxes for small businesses. There are a huge number of small business tax credits, and very few...
Posted by ERNIE BUSTAMANTE on 01/05/2016
If your sole proprietorship or contract work business is booming and you can barely keep up, it may be time to hire your own employees. Once your business decides to hire its own...
Posted by ERNIE BUSTAMANTE on 01/05/2016
Every year, your Brooklyn tax preparer requires certain information to do your taxes. Without this information, he or she cannot prepare an accurate return. It could also cause...
Posted by ERNIE BUSTAMANTE on 01/05/2016