Say Goodby To Mortgage Insurance Premium Reduction – Welcome President Trump

Get ready for roller coaster ride, Mr. Trump has stared to make changes The Department of Housing and Urban Development (HUD) announced a reduction in Mortgage Premium last week.  However,…

Health Insurance Deduction

Health Insurance Deduction

Tax deduction is a big concern, and on the other hand it is highly beneficial because it can help you in various ways. Health insurance is one of the most…

Tax Breaks for Health Insurance

Tax Breaks for Health Insurance

Health insurance is one of the largest costs that most people deal with on a monthly basis other than mortgage. Health insurance for those who are self-employed is normally higher…

Discounted Kaiser Insurance for Small Business Owners

Discounted Kaiser Insurance for Small Business Owners

Our public accounting firm is focused on Small Business Owners and Individuals and many times new business owners ask us about the health insurance.   Most of us live in…

Hire Your Children To Save Taxes

Child labor is a subject that has a negative connotation in our society. For most people, it means depriving children of their childhood. It means forcing them to work when…

Dividing Your Family Fortune In The United States

Dividing Your Business Fairly Among Your Children You’ve done well in your life. You’ve had a successful career as an entrepreneur and built up a business that you can pass…

GST Bill India

India will finally become a developed nation with GST

It has been hailed as the biggest tax reform in India’s 70-year history as an independent nation. The good and services tax (GST) bill was passed into law by Rajya…

Tax Deduction Strategies for Small Businesses

Tax Deduction Strategies for Small Businesses

As a small business owner, you can utilize a proactive approach and seize all opportunities available for conducting tax deductions as provided for under the law. Overlooking certain crucial write-offs…

Tax Credit on Car Expenses: Standard Mileage Rate vs. Actual Expenses

Tax Credit on Car Expenses: Standard Mileage Rate vs. Actual Expenses

Many people are still confused on what amount to deduct from their tax for expenses incurred on a personal vehicle’s repairs. They are given two options: deducting the actual expenses…

Theft Loss Deduction -Should you claim it ?

Theft Loss Deduction -Should you claim it ?

Theft Loss Deduction – Understanding what you can and can not deduct The very thought of paying Uncle Sam becomes cumbersome. But again thinking of the benefits that you receive…