Much has been written about the struggles business owners face to get paid on time, and how to get clients who are dragging their feet to pay up. Clients stalling on payments, combined...
Have you considered making extra income from your vacation home? If so, it can be as simple as signing up on a variety of travel websites and listing your dates of availability. However,...
Tax season can be a stressful time for everyone. They worry that they are not going to be able to get the taxes filed on time or that there will be some other issue that makes it all...
Definition of Taxable Income:• Taxable income is the portion of your total income that is subject to taxation by the government....
Posted by True Tax Service on 10/30/2023
Federal Income Tax Deadline:In the United States, the federal income tax deadline typically falls on April 15th, except when it falls on a weekend or holiday. If that's the case,...
Posted by True Tax Service on 10/28/2023
Personal Information:Social Security Number (SSN): You and your dependents' SSNs are essential for tax identification.Filing Status: Determine your filing status (e.g., single,...
Posted by True Tax Service on 10/23/2023
Pet Moving Expenses: In some cases, moving expenses for your pet may be deductible if you're relocating for work. This includes transportation, lodging, and even pet quarantine...
Posted by True Tax Service on 09/29/2023
Consider Contributing to a Health Savings Account (HSA):If you're eligible, contributing to a Health Savings Account (HSA) can provide you with a valuable tax benefit. HSAs are...
Posted by True Tax Service on 09/26/2023
Gather All Necessary Documents:Collect all relevant tax documents, including W-2s (for employment income), 1099s (for various types of income), mortgage interest statements, investment...
Posted by True Tax Service on 09/12/2023