Get the Biggest Tax Refund Legally
Max out your Refund Legally It’s the best time of the year to make sure you get the biggest Tax…
Akron Income Tax Co Blog
Akron Income Tax Blog Posts. Lots of helpful Information for Businesses and Individuals for lowering your IRS taxes. Get tax tips and tax strategies to help you make better decisions with filing your personal and business taxes. Read on to keep more money in your pocket. These blog post focus on relating to the Federal Preparation of Taxes.
What we Expect
We hope these blogs will assist you in keeping more money in your pocket and keep you off the IRS’s radar. Furthmore, we believe using every legal means to lower taxes is your right. Knowing which deductions and credits you are entitled to helps. Learning how to protect yourself from audits by only taking legitimate deducts and tracking mileage correctly. If you don’t find what you are looking for on our blog, just contact us with your request and we will report back to you with answers you need and add them to this blog!
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IRS rules for deciding: Business or Hobby Classification
Federal IRS Rules for your Hobby type Business Post the 3-out-of-5-year rule and taxpayer misconceptions When it comes to the…
Local area Akron Tax Preparation $130
Yes, Taxes Completed for just $130 Whether you are preparing your individual personal income Tax Returns or if you are…
Tracking Business Mileage
Tracking Business Mileage to Comply with the IRS Tax Laws YES, you need a mileage log for tracking business mileage…
Crypto is Taxable: Why You Need to Report All Transactions
Reporting your Crypto Transactions Helpful Information. Yes, your crypto income is taxable in the United States. Cryptocurrency has gained incredible…
Stock and Crypto Cost Basis
Stocks and Crypto Cost Basis Stock and Crypto Cost Basis, what you need to know when you complete your Federal…
Renting to Family or Friends: Avoiding IRS Tax Issues
Renting to Family or Friends: Avoiding IRS Tax Issues Be aware of the tax rules while renting property to family…
Improve Small Business Operational Weaknesses
Do You Know What Your Small Business’s Financial and Operational Weaknesses Are? All businesses have operational weaknesses, but some are…
Common Tax Filing Mistakes
Double Checking your taxes will eliminate Common Tax Filing Mistakes Tax season is upon us, and the last thing anyone…
Retirement Income Tax Filing
Do you have to file a tax return after you retire? Retirement Income Tax Filing is a question you may…
Tax deductions and tax credits
Tax deductions vs tax credits There are tax deductions and there are tax credits. The difference between tax deductions and…
Tax Evasion vs Tax Avoidance
Understanding the Difference: Tax Evasion vs Tax Avoidance Taxes are essential to society and are used to fund various government…
How to determine if you have an employee or subcontractor
Employee vs Subcontractor: Key Differences Unraveled As a business owner or manager, it’s crucial to understand the biggest differences between…
Documentation for Business Deductions
Proper Documentation for Business Deductions As a small business owner, you understand the importance of maximizing your deductions to reduce…
Sale of My Personal Residence
When is the Sale of My Personal Residence Taxable? When it comes to real estate transactions involving the sale of…
Deductions for Gig Drivers
The Biggest Tax Deductions for Gig Drivers Gig Drivers, claim your tax deductions for gig work with a Tax professional…
Watch Out for Phony IRS Scams: Protect Yourself Today
Protecting yourself from Phony IRS Scams Are you worried about falling victim to deceptive Phony IRS scams? Take action and…
S Corporation Salary Guide
A Comprehensive S Corporation Salary Guide In this comprehensive S Corporation Salary guide, we will talk you through determining a…
Tax Deductions Travel and Entertainment
How to Maximize Tax Deductions Travel and Entertainment Expenses Learning about deductions for travel and entertainment expenses, including business entertainment…
Home Office Deduction
Home Office Deduction: A Comprehensive Guide for Taxpayers The COVID-19 pandemic has significantly changed the way people work. Many employees…
Akron Income Tax Blog Posts. Lots of helpful Information for Businesses and Individuals for lowering your Taxes on your Returns. If you need an answer and can’t find it here just contact us and we will research what you need.