by PSA CPA | Jul 1, 2024 |
If you’ve filed your taxes, you may be wondering what to anticipate and what steps you need to take next. One of the most important steps you can do is to check your paycheck to ensure that the right amount of withholding is being deducted. How does this impact...
by PSA CPA | Jul 1, 2024 |
Social Security benefits, which offer a safety net to guarantee financial stability throughout your golden years, are essential to the retirement plans of many Americans. However, are Social Security benefits taxable? Let’s examine the intricacies of Social...
by PSA CPA | Jul 1, 2024 |
Every small business owner eventually becomes concerned about their company’s tax ramifications, as well as the need to manage accounting and other demands. Attempting to manage these responsibilities alone can result in a great deal of inefficiency and...
by PSA CPA | Jul 1, 2024 |
As a self-employed business consultant, you probably assume a variety of positions and titles. Your clients count on your industry knowledge to boost output and boost sales and profitability for their businesses. However, for tax deduction and reporting purposes, you...
by PSA CPA | Jun 1, 2024 |
Let’s say you submitted your tax return by the deadline, but in June you discovered you neglected to include revenue from a freelancing job last summer. No need to worry; all you have to do is file an updated return on Form 1040-X. Here’s what you need to know...
by PSA CPA | Jun 1, 2024 |
Claiming dependents and itemizing deductions is an efficient approach to reducing your income taxes. Each dependent you claim reduces your taxable income by one exemption for tax years earlier than 2018 and enables you to claim a tax credit for tax years beginning in...
Thanks this was helpful