Business Tax Stories
National Hurricane Season is officially in progress. If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your federal income tax return. Continue reading Tips Deducting Disaster Losses
Tax planning is the process of looking at various tax options to determine when, whether, and how to conduct business and personal Continue reading Tax Planning for Business Owners
What should you do if you already filed your federal tax return and then discover a mistake? First of all, don’t worry. In most cases, all you have to do is file an amended tax return. But before Continue reading Filing an Amended Return
Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year, but also use the home yourself.
If you’re a small business owner with fewer than 25 full-time equivalent employees you may be eligible for the small business health care credit.
What is the Small Business Health Care Credit?
If you’ve been procrastinating when it comes to preparing and filing your tax return this year you might be considering filing an extension. While obtaining a 6-month extension to Continue reading Is Extending a Tax Return Smart?
Are you wondering if there’s a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable unless the law Continue reading What Income is Taxable?
Compiled annually by the IRS, the “Dirty Dozen” is a list of common scams taxpayers may encounter in the coming months. While many of these scams peak during the tax filing season, Continue reading 2017 IRS Dirty Dozen Tax Scams
Day camps are common during school vacations and the summer months. Many parents enroll their children in a day camp or pay for day care so they can work or look for work. If this applies Continue reading Tax Credit for Kids’ Day Camp?
As tax season approaches, taxpayers are reminded to be on the lookout for an array of evolving tax scams related to identity theft and refund fraud. Every year scam artists Continue reading IRS Tax Scams 2017: FAQs