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
There are a series of tax breaks and deductions you can claim if disabled and with this, you get to significantly reduce your income tax and even have a robust tax refund. The...
Posted by CORE PERFORMANCE on 02/16/2021
When my friend doesn't pay me for a meal we promised to split the bill, it's called losing a friend's trust. When my employer does not reimburse a business expense that...
Posted by Abundant Wealth Planning LLC on 01/31/2021
You are entitled to an array of tax deduction and credits if you are disabled. This may result in the IRS sending you money and eliminate your income tax liability. If you have...
Posted by John Pournaras Agency on 06/25/2019
If the progressions to assess rates and to withhold over the previous year make them scratch your head, help is here right now. The Internal Revenue Service (IRS) is putting forth...
Posted by YourIRSTaxAdvocate.com on 04/11/2019
The new tax reform law can significantly affect the income tax return of individual taxpayers in 2018. Some of the many changes to be expected are lower tax rates, higher standard...
Posted by P Sinaly CPA PC on 05/16/2018
