One of the ways to significantly reduce your business income tax is the business use of a vehicle. It is an important entity that you can use to bring down your tax for two reasons: The...
Posted by Dennis Jao on 12/25/2020
Have you ever heard of a homeless person sued for a 5.5-million-dollar case? Undeniably, there is none. This is because lawsuits are not filed against a person with not so many assets....
Posted by A+ Income Taxes on 04/03/2020
Most of the time, stockholders will only start their way out of the business until the stocks are ready for selling. But bear in mind that inadequate planning at the present may lead...
Posted by A+ Income Taxes on 04/03/2020
A person who receives a distribution from a qualified 401 (k) plan, a retirement benefit, or participation or an individual retirement account (IRA) may defer recognition of taxable...
Posted by A+ Income Taxes on 02/27/2020
To pay for construction and repair of US bridges, roads, and interstate highways, gas taxes have often been considered an integrated ‘user fee’. Many states and the federal...
Posted by Debi G Hill, CPA on 11/26/2019
Gasoline taxes are often considered as integrated "user fees" for the payment of the construction and repair of American roads, bridges, and highways. While the cost of gasoline...
Posted by Advanced Accounting & Tax Planning on 11/25/2019
Every now and then the state gasoline tax rates fluctuate and they have the direct impact with the economy of the country. If there is a rise in the economy, it goes low and if there...
Surprisingly, not everyone needs to file a tax return each year. Whether you have to file could even vary from year to year. You may not be required to file if you meet certain criteria,...
Posted by Laurence Smith on 01/13/2016
Drought has been a serious issue for many states in 2015. In most situations, it has hit ranchers and farmers the hardest. Many farmers and ranchers have had to sell livestock earlier...
Posted by Laurence Smith on 01/13/2016
