by Folasade Ayegbusi | Nov 11, 2021 | Accounting, Tax
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...
by Folasade Ayegbusi | Nov 5, 2021 | Accounting, Tax
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...
by Folasade Ayegbusi | Oct 29, 2021 | Tax
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...
by Folasade Ayegbusi | Oct 25, 2021 | Tax
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...