Glendale Taxes | Unemployment

Glendale Taxes | Unemployment If you lose your job, you may be fortunate enough to receive unemployment benefits. These payments can be a financial relief for someone without a steady paycheck. But did you realize these payments are taxable? Here are some other facts...

Phoenix Accounting | ACA Exemptions

Phoenix Accounting | ACA Exemptions When filing a tax return this, many tax payers are left scrambling trying to figure a way out of paying the shared responsibility payment for not maintaining minimum essential coverage throughout 2014. The Affordable Care Act...

Phoenix Tax Prep | Self Employed

Phoenix Tax Prep | Self Employed Many individuals who have a trade or business would classify themselves as self-employed. Sole-proprietors and independent contractors are two of the more common examples of self-employment. Being self-employed can have a big impact on...

Phoenix CPA | Taxable or not?

Phoenix CPA | Taxable or not? Did you know that all income is taxable unless there is a specific law that excludes it? Here are some basic rules regarding different types of income and their taxability. Taxed income – Taxable types of this income include money...

Phoenix Payroll | Net Investment Tax

Phoenix Payroll | Net Investment Tax Do you receive a portion of your income from what the government terms “investments?” Well, you may be subject to the Net Investment Income Tax. This tax was enacted as a way to help pay for the affordable care act. You...

Phoenix Taxes | Social Security

Phoenix Taxes | Social Security So you’ve finally reached that golden age of retirement and you’ve started to receive your social security benefits. Did you know you may have to pay federal income tax  on part of those benefits? Here are some tips to help...