Budgeting and managing your money can be stressful, especially if you are running a business and not that great with numbers. Watching your cash flow, monitoring the movement of your...
If you sold your home or property this year, you may be subject to Capital Gains taxes. Capital Gains occur when you sell something that has increased in value, such as an investment....
If you are divorced, you might have to rethink many issues related to taxes before the month of April. You must know what the treatment of dependents by the federal government...
If you are talking about tax deductions, the richer you are, the better it is for you. The middle class people of America have some tax breaks in their kitty like those of wealthy...
Posted by BHATIA & CO, INC, CPAs on 01/04/2016
So, you have finally retired and are all set to sit back and relax when you are suddenly slapped with a tax return form. Managing taxes with a fixed income in retirement can be quite...
In case you shift to another location due to your job in the current fiscal year, the Internal Revenue Service (IRS) allows you to claim the tax deductible for moving expenses in the...
Everything you need to know about audit procedures Audits are done to protect the capital markets. They assure and provide confidence to investors and potential investors in an organization’s...
Posted by BHATIA & CO, INC, CPAs on 10/30/2015
Before you hire a tax professional, you should sit down with them and conduct a small interview to help you decide whether or not they are right for you. Sometimes, tax professionals...
Posted by Asharp Bookkeeper on 10/30/2015
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....
Posted by East Harlem Tax Service on 05/23/2015