![Top Tax Tips for Home Based Businesses 1 552d42e4a4859](https://www.cpapracticeadvisor.com/wp-content/uploads/sites/2/2022/07/18502/Top_Tax_Tips_for_Home_Based_Businesses_1_.552d42e4a4859.png)
Can’t Pay Your Taxes? Expert Offers Tips on What to Do
With only a few hours to go before the April 15 deadline to file income tax returns, some who got a late start or need more time may contemplate filing a six-month extension.
With only a few hours to go before the April 15 deadline to file income tax returns, some who got a late start or need more time may contemplate filing a six-month extension.
The new Pub. 590-B applies to 2014 tax returns filed in 2015. Two aspects that have often befuddled taxpayers in the past are the RMD rules for Roth IRAs and the options available when inheriting traditional IRAs.
Usually, a transaction that occurs during the tax year is reflected on the tax return for that particular year. For instance, if you realize a capital loss on the sale of stock in 2015, the loss offsets tax liability on your 2015 return.
In his sixth year in office, President Obama’s taxable income has continued to decline, according to his 2014 tax return.
April 15 is ingrained, implanted permanently in most Americans' minds as the deadline for filing annual income taxes with the Internal Revenue Service. But what if I told you that you don't really have to file your form 1040 by April 15?
A weekly roundup of professionals in the tax and accounting profession that have changed jobs and/or been promoted.
More than twice as many U.S. adults cited having enough money for a comfortable retirement (28 percent) and providing their children a debt-free education (23 percent) as the best indicator of financial success than did owning a home.
Experience with general accounting principles and processes provides a solid career foundation for new accountants, including those who may decide to pursue a particular specialty in the future.