Taxes are an inevitable part of life, but there are some things that are not taxed in Utah. It’s important to understand what is exempt from taxes so you can effectively manage your finances and take advantage of any available deductions or exemptions. In this blog post, we’ll explore what is not taxed in Utah.
Capital gains sounds intimidating, especially if you’ve never dealt with it before. Whether you are a corporation in need of a business accountant or an individual seeking a CPA in Utah, we can help elucidate you on the details of the subject. What is Capital Gains? A capital gains tax, put simply, is an excised Read More
In case you haven’t already heard, a new tax law was passed at the end of last year that radically changed the landscape of how we file taxes, and what sorts of things can be deducted. This new tax law, for better or worse, simplifies the tax process by reducing the number of deductions for Read More
It’s summertime! And that means the end of the school year. Your teen is probably looking forward to a summer spent sleeping in as late as humanly possible. We understand that a summer job isn’t for every teen. Your child might be involved in a rigorous sports program, or prefer to volunteer or do other Read More
At the beginning of 2012, new tax provisions have been enacted; some have been extended that were set to expire, while others have disappeared. This letter serves as an outline of the major tax law changes you should be aware of to minimize taxes for 2012. Please note that some of the changes below could be Read More