by Jason Makris | Jun 18, 2015 | Income Taxes, Individual, Small Businesses, Tax Planning |
Glendale Taxes | Summer Jobs Many students will spend their summer by not only having fun, but by getting a job to earn some extra money. If it’s the students first job, the job gives them an opportunity to learn about work, paying taxes and budgeting their...
by Jason Makris | Jun 16, 2015 | Income Taxes, Individual, Tax Planning |
Phoenix Taxes | Education Credits If you paid for college in 2015, it could mean substantial savings on you federal income tax return. There are two education credits that can alleviate some of the burden of higher education expenses. These credits may reduce the...
by Jason Makris | Jun 11, 2015 | Income Taxes, Individual, Tax Planning |
If you give money or property to someone as a gift, you may wonder if the gift is subject to the federal gift tax. Most gifts are not subject to the gift tax but here are some tips to help you better understand the gift tax. As a general rule, any gift is a taxable...
by Jason Makris | Jun 10, 2015 | Income Taxes, Individual, Tax Planning |
April 15th was the tax day deadline for most income tax payers. If you are due a refund, there is no penalty associated with filing a late income tax return. But if you have a balance due and you failed to file and pay by April 15th, you will usually owe interest and...
by Jason Makris | Jun 9, 2015 | Income Taxes, Individual, Tax Planning |
Glendale CPA | Child’s Income Special income tax rules may apply to some children who receive investment income. The rules may affect the amount of income tax and how to report the income. Here are some things to keep in mind when dealing with children who have...
by Jason Makris | Jun 8, 2015 | Income Taxes, Individual, Tax Planning |
Phoenix CPA | Casualty Losses Do you live in an area that could suffer from a natural disaster like an earthquake, tornado or hurricane? If you suffer damage to your home or personal property, you may be able to deduct the losses you incur on your federal income tax...