To quote the famous satirist, Dorothy Parker “We hate doing our taxes, but we love having done our taxes”. Especially if there’s a refund coming. It’s also natural to hate paying for things that you believe you can do yourself and tax is one of those things. When you look at a simple tax return, … Read More “Should I do my own tax return?” »
Category: About tax
Are you expecting a tax refund for your business this year? Check this out. There’s a way to get an even bigger refund, no matter the size of your business. This year the Tax Cuts and Jobs Act (TCJA) goes into effect, a law that might offer huge tax benefits for individuals with Qualified Business … Read More “Get More Money Back on Your Tax Return with help from the Tax Cuts and Jobs Act” »
We’re only a couple of weeks into the 2018 Tax Season, and already the IRS has put out an alarm concerning multiple tax scams. The IRS says they’ve received numerous fake tax returns complete with names, addresses, Social Security numbers and bank information. Many of these false returns originate from the Equifax breach in September … Read More “Don’t Fall Victim to these 3 Tax Scams in 2018” »
Over my 30+ years in business, my team and I have helped many families to get financially organized and to make better investment decisions with their money. We have counseled individuals and families about how to save money and accumulate wealth. We’ve been a big believer and teacher of wealth building and believe the only … Read More “Find Out If 72(T) Penalty Free Income Is a Solution for You” »
The Tax Laws have quite a few recent changes, here are 20 thing you should know. Home Equity Line mortgage interest will no longer be tax deductible on a primary residence unless the funds are used for renovations. • Single Filers: the new standard deduction has risen to $12,000. • Married Joint Filers: the new … Read More “20 Things You Should Know About The New Tax Laws” »
Payroll is an essential part of any organisation. The payroll department are responsible for employee’s salary, but also the protection of the company’s reputation. This is because they have to ensure the company is compliance with the various legislation. The financial responsible that a company has towards their employees, the company has to make sure … Read More “4 Key Reasons Why Payroll Is Necessary Within A Business” »
As a GP Practitioner, Consultant or a Hospital doctor you most presumably are aware of the complexion and strain of accounting responsibilities at the end of each & quarter of a very exhausting year, particularly in this field. With doctors working at hospitals, we are familiar with the obstacle of claiming tax refunds, National Insurance … Read More “Accounting for doctors and GP’s: Basic advice & guidance” »
It’s important to know before reading this article what cryptocurrencies are. Cryptocurrencies are digital currencies that exist only online and is a complex system that’s decentralized and isn’t controlled by any authority. Computer processors are used to solve complex algorithms which generate coins. All coin transactions are chained to each other, adding a block for … Read More “What is Cryptocurrency and Do I Have to Claim it on My Taxes?” »
Most entrepreneur values a professional bookkeeping service in Orlando, but with so many tasks, business owners cannot handle running a business, taking care of minor details and tracking the income and expenses. Small business owners that need the services of a bookkeeper can hire an in house bookkeeper or outsource the service to a reputable … Read More “Here’s Why Small Businesses Should Tap Bookkeeping Services” »
To our teachers and school administrators, we appreciate everything you do to curate an awesome and enticing curriculum for the next generation. Now it’s our turn to educate you on one matter…taxes. One thing is clear, it’s never too early to start planning for the upcoming tax season! Check out the following tips to help … Read More “Tax Tips for Teachers 2018” »