Self-Employment Taxes for First Quarter 2019

There are few things more rewarding and satisfying than being your own boss. As an entrepreneur you are able to shape your future in ways that are not possible while in the employment of others. However, there are milestones that must be adhered to. One of these is attending to the self-employment taxes for the [...]

By |2019-01-25T03:20:58+00:00January 15th, 2019|Blog, Corporate Taxes, Finances, News, Personal Taxes, Quickbooks|0 Comments

Give Yourself A Gift – Lower Your Tax Liability

The tax laws passed in 2017 could save you plenty of money if you know what to do now. There’s a way for everyone to save, so read on for some of the best ideas for lowering your 2018 tax bill. Tax-deferred Savings You can’t take it with you! Contribute the maximum to your 401k [...]

By |2018-10-12T12:03:39+00:00October 12th, 2018|Blog, Personal Taxes|0 Comments

Is Canceled Debt Taxable?

Basically, even cancelled or “forgiven debt” from a lender is still taxable income, according to the IRS. As such, it must be included as income on your tax return. Debts which you are personally responsible such as credit card debt, mortgages and some student loan debt are included. […]

By |2018-03-15T14:59:59+00:00February 10th, 2017|Blog, Personal Taxes|0 Comments
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