by Harry | Dec 15, 2017 | Uncategorized
Taxpayers have received the Internal Revenue Service’s 2018 optional standard mileage rates, which they can use to deduct from their taxes. If you didn’t know, any driving that has business, medical, or charity ties can be deducted from annual tax filings according to...
by Harry | Dec 12, 2017 | Uncategorized
The new tax bill comprising 500 pages has a lot of variables, is on its way to be signed by President Donald Trump. There are certain significant provisions in the bill that would define the amount of tax one has to pay, ranging from his residential location to his...
by Harry | Nov 29, 2017 | Uncategorized
As holiday sales start to roll out, we’re all tempted to avoid the bustle at our local mall and shop from the comfort of our own homes. If you plan on shopping online anytime during the holiday season, then you may be more prone to identity theft. Shoppers are more...
by Harry | Nov 22, 2017 | Uncategorized
“Every income group on average gets a tax cut,” says Wisconsin congressman and House Speaker Paul Ryan at a Herndon, Virginia, town hall hosted by Martha MacCallum and Bret Bauer. He said this in an attempt to reassure taxpayers who are worried that their taxes will...
by Harry | Nov 21, 2017 | Uncategorized
The Republican tax reform bill being proposed by the GOP will call for a repeal of the individual mandate of Obamacare that requires most Americans to have health insurance or receive penalties, said GOP leaders on Tuesday. This means that, once again this year,...
by Harry | Aug 5, 2017 | Uncategorized
Are your penalties for failing to file a tax return, not paying on time, and/or to depositing taxes when due piling up? Read on to learn how you can reduce or completely eliminate those costs. If such penalties exist on your file, the Internal Revenue Service (IRS)...