Income Tax
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Cannabis Business Conference Heading to Orlando
Three keynote presentations will focus on generational engagement strategies, medical marijuana legalization and a look at the current state of the industry.
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Newlyweds Largely Unaware of Partner’s Credit History and Finances
80 percent of respondents said that credit scores were important. When asked what attributes were important in a spouse, 92 percent of survey respondents said financial responsibility.
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Recognition After Tax Season: 6 Kudos Staff Will Love
Another tax season is over, and now you can catch your breath. As a manager for a public accounting firm, you may want to take off for a well-deserved vacation. But before you go, be sure to show your hardworking staff some recognition.
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Bernie Sanders Releases Income Tax Return
After weeks of prodding from his main opponent for the Democratic presidential nomination, Bernie Sanders finally released the remaining forms and schedules of his 2014 tax return on April 15. The result? No major surprises – the Vermont senator ...
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Clintons Paid More Than 35% Effective Tax Rate
The former Secretary of State and New York Senator, who has been living in a fish bowl since her husband Bill became governor of Arkansas and ascended to the presidency, recently released copies of her joint tax returns for the last eight years.
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Obamas Release Tax Returns, Pay Less Tax
The Obamas claimed claiming more than $145,000 in itemized deductions on their 2015 return, including donations to charity such as the Fisher House Foundation, a longtime favorite. The couple is in line for a refund of almost $23,000.
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Bill Would Simplify Income Tax Filing
The “Tax Filing Simplification Act of 2016” requires the IRS to develop a free service for filing tax returns directly with the federal government and prohibits the nation’s tax collection agency from entering into agreements restricting the use of ...
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A Quick Tax Fix for Vacation Home Rentals
The basic rules are as follows: The income you realize from a vacation home rental is generally taxable, but you can offset the tax liability with deductions for expenses attributable to rentals, including mortgage interest, property taxes, insurance ...