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Types Of Income You Must Know for Tax purposes
What is taxable income? Taxable income is the portion of your income that is subject to taxes. This, of course, will be after factoring in deductions and exemptions. Many people do talk about taxable income or paying taxes in general. But tax planners who save a lot...

Find Out Why You Should Hire A Tax Preparer For Your 2021 Taxes.
Find Out Why You Should Hire A Tax Preparer For Your 2021 Taxes. It’s only a few weeks until the end of the 2021 tax year. This means that we are so close to the beginning of the 2021 tax season, which opens anytime from mid-January 2022. This is the time to be...

We have been featured on Forbes
We have been featured on Forbes Dear {Name}, Folasade, your Accountability Accountant®, has been featured on forbes.com. My dream to reach out and help underserved businesses grow is growing momentum and reaching people from many parts of the country and the world. I...

THIS IS THE TIME to Maximize your Tax Deductions
THIS IS THE TIME to Maximize your Tax Deductions This tax year, 2021, is almost over. Many of you probably think there is nothing more you can do to increase your tax refund. Well, that is not true at all. You can still maximize your 2021 tax deductions between now...

Folasade Ayegbusi’s Millennial Approach To Financial Literacy Helps Underserved Businesses Grow
Growing up with her mother in Washington D.C. and father in Maryland. Folasade Ayegbusi was exposed to two vastly different socio-economic groups within her Black communities. An internship at her father’s accounting firm underscored those who had means and those...

Some Americans say NO to the IRS surveilling Americans’ bank accounts. Will they succeed?
What must you be doing in the meantime? When news that the Biden Administration is proposing that the Internal Revenue Service (IRS) monitor bank accounts, many Americans raised eyebrows. No one is happy when the Taxman is watching their money flows; it’s the kind of...

Year-End Tax Strategies You Should Be Implementing
Why is tax planning important? Tax planning is an ongoing phenomenon in the life of a taxpayer. It is ongoing because you learn a new tax strategy every year. You must know how to plan your taxes every year because that is how you can develop key tax ideas, including...
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COVID-19: The IRS Provides Guidelines For Taxpayers With Net Operating Losses
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