Do you have a small business? You can take advantage of these ten deductions to reduce your taxable income. The legal reduction in taxable income isn't as thrilling as winning...
Posted by Rosovich & Associates, Inc. on 07/31/2021
We hardly hope for a natural disaster, but they come and strike us many times. This results in a series of disasters alongside the destruction of life and properties. For victims of...
Posted by Tiffany Gaskin on 07/23/2021
Taxation is never easy. And for many Americans, this year is even more difficult.There are many general challenges between the mid-season changes to the tax code, the various incentive...
Posted by Jim McClaflin, EA, NTPI Fellow on 07/17/2021
Did you make a mistake in your tax return, or did you notice that you lost a valuable tax credit or deduction? You can file an amended return to effect the correction. Filing an amended...
Posted by Abundant Wealth Planning LLC on 07/17/2021
Small businesses that get their loans forgiven cannot accept tax deductions for wages and other associated expenses, the IRS said in a ruling that downgrades the potential value of...
Posted by Daniel P Vigilante CPA and Profit Consultants on 07/06/2021
After years of debate, leaders from more than 130 countries are moving quickly to agree on key changes to international tax rules, possibly by the summer. These changes would force...
Posted by James Financial Services Inc on 07/06/2021
An independent contractor is a business owner as well, like a sole proprietor.As a result, you get the liberty to structure your schedule and create a career path for yourself. While...
Posted by Tiffany Gaskin on 07/06/2021
Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
The 2017 Tax Cuts and Jobs Act (TCJA) was one of the most sweeping tax code revisions in decades. Most of its provisions came into effect on January 1, 2018, and most of the changes...
Posted by Unifirst Financial & Tax Consultants on 07/06/2021
