Tax, Accounting and Advisory Services. I am a financial professional with more than 20 years of expe
07/02/2022
Tips for Filing as a
Tips for Filing Taxes as a Freelance Graphic Designer Visit TaxAct to learn about filing taxes as a Freelance Graphics Designer, including different expenses you can use as deductions to reduce your tax bill.
07/01/2022
LA voters to decide on home sales to pay for efforts
LA voters to decide on taxing expensive home sales to pay for homeless relief efforts Panoramic view of Los Angeles, California (Photo by Anthony Brown) There's been a boom this year in the price of houses. Now some Californians are hoping that the money sellers are making also can help the homeless. Los Angeles voters will decide in November on a higher tax rate on sales of high-val...
07/01/2022
The ’s to Reporting Stock Investments
The Tax Preparer's Guide to Reporting Stock Investments - TaxSlayer Pro's Blog for Professional Tax Preparers Here's some basic information regarding reporting stock investments like capital gains and losses for your clients.
07/01/2022
A guide to in 2022
A guide to state sales tax holidays in 2022 A sales tax holiday is a limited time period during which some normally taxable products are exempt from sales tax. At last count, more than 20 states will provide one or more sales tax holidays in 2022.
07/01/2022
sales tax are on their way this of 2022 and beyond
State sales tax holidays are on their way this summer of 2022 and beyond 18 states are holding sales tax holidays this summer, most focusing on back-to-school shopping. But some states are offering tax savings on other items and have multiple events planned, led by Florida with 9 tax holidays on the way for a wide variety of shoppers. Many school supplies, like these at....
06/30/2022
THE 'XYZ ' AND YOUR TAX
Blog: The 'XYZ Letter' and your sales tax compliance Complying with your sales tax obligations involves a lot of variables. And a key factor that effects your sales tax obligations is related to exempt transactions & exemption certificates.
06/30/2022
-Term Tax: How Much Tax Will I Owe?
https://thecommerceinnovation.com/lk/jd
06/30/2022
mean more for
Household employees mean more tax tasks for employers Photo by Andrea Piacquadio I'm later than usual posting today because the hubby and I finally cleaned a room that we've ignored for way too long. That meant it took longer than if we'd just dusted a bit more regularly. That's why I'm thinking of hiring a cleaning person. OK, I probably won't. I do t...
06/29/2022
CBO reports #'unexplained' collection jump in 2020, 2021
CBO reports 'unexplained' tax collection jump in 2020, 2021 With inflation at historic levels, U.S. families are re-examining their budgets. Uncle Sam recently did the same with his money, or rather the Congressional Budget Office (CBO) did. What this federal agency within the government's legislative branch found was surprising. The word that the CBO actual...
06/28/2022
5 best tips for staying motivated while studying for the
5 best tips for staying motivated while studying for the EA exam Taking the enrolled agent exam is a big commitment, but it’s also an investment that can pay off big in your career. As a tax professional, you recognize the benefits of earning the enrolled agent designation. Becoming an enrolled agent allows you to expand your client base and offer more services...
06/28/2022
How to Respond to Notice of Deficiency & form #5564 Waiver
How to Respond to IRS Notice of Deficiency & IRS form 5564 Waiver DON'T fill out IRS notice of deficiency waiver form 5564 yet! Learn how to respond to IRS notice of deficiency or when to appeal this tax assessment letter
06/28/2022
5 Ways to Avoid Bumping Your into a
5 Ways to Avoid Bumping Your Income into a Higher Tax Bracket If your income fluctuates from year to year, you may be required to pay more in taxes. Here are 5 ways to avoid bumping your Income into a higher tax bracket.