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Beginner's Guide to UGMA and UTMA

Beginner's Guide to UGMA and UTMA

Parents and students who are actually completing the FAFSA, and learning about financial aid may criticize themselves for not having a better college payment plan. When it comes to...

Posted by McCool's Tax Service on 01/18/2021

Camp Hill PA Tax Pro for UGMA Tax Preparer for UTMA Find a Tax Accountant for College Planning FAFSA UTMA UGMA Custodian Accounts Section 529 SEC Contribution Rules Unused Funds ESA
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Employee or Job Tax Deductions

Employee or Job Tax Deductions

The Tax Cuts and Jobs Act came with many effects, one of which was removing the business expense for unreimbursed employees till the year 2026. As a result, workers can no longer bring...

Posted by McCool's Tax Service on 01/11/2021

Camp Hill PA Tax Pro for Job Deductions Tax Preparer for Employee TCJA Deductions Nondeductible Employee Expenses Commuting Lobbying
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Lottery Winnings: Do I have to Pay Taxes?

Lottery Winnings: Do I have to Pay Taxes?

According to Uncle Sam, all lottery winnings are classified as gambling winning, which is taxed at the ordinary income tax rate. The entire tax amount you will pay on lottery winnings...

Posted by McCool's Tax Service on 01/05/2021

Camp Hill PA Tax Pro for Lottery Winnings Tax Preparer for Lottery Winnings Lottery Lump Sum W-2G Jackpot Local and state Tax
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Depreciation, Depletion, and Amortization (DD&A)

Depreciation, Depletion, and Amortization (DD&A)

Depreciation, depletion, and amortization (DD&A) are accounting techniques that give firms the ability to slowly expense various kinds of resources over time to make cost and revenue...

Posted by McCool's Tax Service on 12/24/2020

Camp Hill PA Tax Pro for DD&A Tax Preparer for Depreciation Depletion & Amortization
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Maximize Your Vehicle Deductions at Tax Time

Maximize Your Vehicle Deductions at Tax Time

Standard or Actual Expenses?Taxpayers in Camp Hill PA who want to understand how to take advantage of vehicle deductions in order to lower their tax bill have a number of options. The...

Posted by McCool's Tax Service on 12/20/2017

Vehicle Deductions Camp Hill PA
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