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Using This Year’s Taxes to Save On Next Year’s Taxes

Business / Taxes

Aplus Legal Advice  |  2022.09.03 01:00  |  786 views

You just got done paying taxes or filing an extension and are grumpy. If you are smart, you will use this miserable event to save some cash for next year. Using This Year’s Taxes to Save On Next Year’s Taxes

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3 Tips for Keeping Proper Tax Records for Your Home Business and Keeping the IRS Happy!

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:28  |  605 views

The last thing most people think about when starting a business is doing taxes. But proper planning will make doing your taxes much easier – and keep the IRS happy!

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What Is a Dependent for Tax Purposes?

Business / Taxes

Aplus Legal Advice  |  2022.09.03 00:53  |  750 views

What are the qualifying characteristics of a dependent for tax purposes? Following is a general explanation on how to determine dependents, and how it relates to your tax status, liability, and the credits you can claim on your tax return.

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Uneducated Tax System v. Educated Tax System

Business / Taxes

Aplus Legal Advice  |  2022.09.03 01:03  |  779 views

The line under your income on your pay stub is where these two systems differ. With the uneducated tax system, you deduct the three lines under your income and the remainder is what you receive. With the educated tax system, the first line is your reported income as with the uneducated tax system.

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