With an all new federal tax bill on the horizon, you may be one of the millions of people wondering how it is going to affect your tax bracket, standard deduction and itemized deductions....
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/14/2018
Small business owners, especially when they are just starting out, often wonder about how they should navigate the payroll process. Should they hire a service or handle this important...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 02/12/2018
There are numerous differences between so-called civilian tax and military tax deductions. For one thing, combat pay is not taxable for enlisted personnel and, within certain limits,...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 01/04/2018
The end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may...
Posted by Noel Lorenzana, CPA on 11/24/2017
When it comes to caring for routine tasks around the home, many individuals use hired help. Depending on how they hire that help, they may suddenly have a household employee. For many...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
Taxes are complicated. However, the least complicated thing about taxes are the tax brackets. If your income is between certain numbers, then you pay whatever rate is associated with...
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
During tax season, individual tax payers are often looking for ways to legally reduce their tax burden. Throughout the pages of IRS regulations, there are a myriad of available deductions...
Posted by AccuraTax LLC on 01/28/2016