Investing and Taxes: What You Need to Know

It’s easy to forget that while investing can bring us financial freedom, it comes with many other responsibilities. We need to pay taxes on our investment earnings just like any other source of income.  If you’re looking to dip your toes into the investment world, our experts at Accounting & Tax Advisers CPAs, Ltd. have […]

Remote Working Tax Implications: What You Should Know

The COVID-19 pandemic turned remote work into a requirement almost overnight. Now, working from home may continue to be part of the norm. If you transitioned to remote work either temporarily or more permanently, this move could affect your taxes. It’s crucial to understand your state’s tax implications for your remote work. You wouldn’t want […]

Can You Go to Jail for Not Paying Taxes?

Can you go to jail for not paying taxes? The answer is that it depends on the circumstances and your intentions. According to the experts at Accounting & Tax Advisers CPAs, it’s essential to understand what the IRS considers tax crimes. Consulting a professional tax specialist is the best way to keep on the right […]

Are Tax Preparation Fees Deductible?

Many people have questions about the best way to prepare their taxes every year when April rolls around. You may also handle taxes on your own. For expert help and convenience, you may turn to a tax professional when preparing your tax returns. You may ask: are tax preparation fees deductible? Generally, tax prep fees […]