It's tax season! Tax return companies and DIY software vendors work hard to convince individual taxpayers that their services and products are the way to maximize tax refunds or...
Posted by Don Bell Law on 03/31/2021
There is no known trick or formula developed to dodge payment of taxes to Uncle Sam, and if you want to avoid the headache of an audit, you have to get it right. Employees enjoy the...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 03/31/2021
All businesses have to pay different types of taxes, some easier to understand than others. Corporate taxes are of different types: federal, state, and local.There are also different...
Posted by Abundant Wealth Planning LLC on 03/28/2021
Legal fees are deductible if business expenses are incurred. The deduction can be claimed on corporation returns (for example, in a partnership form 1065) or directly on Schedule C...
Anyone with a creation like art, music, literature, etc., which someone else used and profit from it, there will be royalty income to the owner. This means that if anyone uses your...
Posted by UNIVERSAL ACCOUNTING & FINANCIAL SERVICES INC. on 03/18/2021
Many people have hobbies like playing the piano or bead making simply for fun and do not expect any special monetary compensation from it. Some hobbies might require a couple...
Posted by KLSM CPA Firm PLLC on 03/17/2021
State Unemployment insurance is a tax program funded by employers to provide short-term benefits to workers out of a job. This is a tax required at the federal and state level. Unemployed...
Posted by Daniel P Vigilante CPA and Profit Consultants on 03/01/2021
An Insight into Personal Use propertyUncle Sam defines personal use property as an asset or property used solely for private purposes and does not serve as an investment or business...
Posted by Don Bell Law on 03/01/2021
Do you own cryptocurrencies? Maybe you bought Bitcoin years ago when it cost $ 100 and decided to make big profits in 2021. Or perhaps you got into the revolution late and bought some...
Posted by Income Taxes and Bookkeeping LLC on 02/23/2021
