With the summer coming to an end, it's a great time to take control of your finances. The change of seasons is always a good time to assess where you are and what you are doing...
Posted by Unifirst Financial & Tax Consultants on 09/09/2021
During tax filing, it is not compulsory to submit a receipt or any other paperwork to prove your deductions. However, when you get an audit deduction, you need to verify your expenses...
Posted by Abundant Wealth Planning LLC on 05/30/2021
This historic pandemic triggered a 25% rise in the freelancing market last year in which many people turned to work from home to supplement their income. For long-time gig workers...
Posted by Income Taxes and Bookkeeping LLC on 05/19/2021
Becoming self-employed gives you the freedom to choose your path to work. But your aspirations can get out of hand if you don't keep your books in order. At tax time, missing receipts...
Posted by The TaxAdvocate Group, LLC on 05/06/2021
Employee expenses are no longer deductible. Nevertheless, if the employer reimburses the employee under an accountable plan, the reimbursements should not be reported as income by...
Posted by Income Taxes and Bookkeeping LLC on 04/06/2021
As the tax deadline approaches, many people are fond of frantically ransacking their home for various receipts to support their claim for a refund from Uncle Sam. Many people discover...
At the time of tax, people often wander around their house and office to search deduction receipts of previous months. It is not a simple mistake because it may cost you $1000. If...
Posted by Unifirst Financial & Tax Consultants on 05/18/2018
In the near future, just in case you will get audited or sued, you won’t have to worry if you kept in track with your financial statements. Aside from it being in handy, good...
Posted by Larry Hurt on 07/09/2020
The Internal Revenue Service, for the most part, educates taxpayers to hold duplicates concerning all tax returns and any applicable supporting documentation for at any rate the past...
Posted by Advantage Tax Services, Inc. on 05/24/2019
