Accounting, Bookkeeping, & Tax Blog

Every year the IRS releases a list of “Dirty Dozen” tax scams for taxpayers to avoid. The list brings awareness to taxpayers, tax professionals, and financ [...]

The difference between tax credits and tax deductions is something that can often be misunderstood. Their purposes have a similar end result, and both can [...]

If you’re a freelancer, you’re used to doing everything yourself. While clients can be a challenge at times, you run your work by yourself and never have t [...]

Nothing may be more rewarding than laboring all day to clean up a messy house and then seeing how sparkling and new it looks after this hard work. While ho [...]

When a loved one or relative passes away, they may leave behind an inherited IRA. As the beneficiary, you may be the recipient of either an inherited Roth [...]

There are several key tax strategies for investment property owners that can help save money on taxes. You can use tax strategies to defer tax payments or [...]

If you meet the requirements to take a home office deduction, it might seem like a no-brainer to take it, right? Not so fast. While this deduction can cert [...]

As a small business owner, you probably have a list of things you hope never to experience, things as bankruptcy, litigation, and the dreaded IRS audit not [...]

Regardless of age, working folks will always have one thing in common: the need to file taxes every year like clockwork. And somehow, it’s already that tim [...]