What’s deductible? Itemized deductions

Last week in our blog, we talked about “Above-the-Line” deductions on your tax return. This week, we’ll discuss itemized deductions. As we mentioned last week, it is very important to keep good records of your deductible expenses. On your tax return, after you...

What’s deductible? Above-the-Line deductions

What is the best way to reduce your income taxes? Keep good records. Many ordinary expenses are tax deductible. Over the next few weeks, we will be discussing many of those ordinary expenses that you may be able to deduct on your tax return. Since many categories have...

What forms do you need to do your taxes?

Most of us are getting ready to file our income tax returns. Whether you are planning on preparing your tax return yourself or will be utilizing the services of a tax professional, you will need to have your information ready before you start. So what information do...

Affordable Care Act means tax changes

As most Americans prepare to file their 2014 tax returns, a big question looming over our collective heads is: will the Affordable Care Act (ACA) tax provisions affect our individual returns? For many of us, the answer is Yes. The law requires that all U.S. citizens...

Happy New Year!

Happy New Year from Crystal Financial Solutions! Judith Ackland has more than 26 years of experience in accountancy and financial planning, including seventeen years as a CFO of a diverse business. She started Crystal Financial in 2010 to help a wide array of...

Powered by Pixel Fire Marketing Pixel Fire Marketing