Many people in Salt Lake City struggle to figure out whether they can claim a certain person as a dependent. Fortunately, a Utah CPA can help you decide whether someone qualifies as a dependent. Why Should You Claim a Dependent? The Internal Revenue Services classifies certain people as dependents. You want to claim dependents during Read More
Many people in Salt Lake City want to know how to file taxes with a 1099. The IRS refers to the money that you earn as a self-employed worker as non-employee compensation. Most people will get a 1099 if they have earned at least $600 in the previous year. However, if you made more than Read More
Being a certified public accountant, or CPA, can be rewarding. CPAs have a variety of job duties including assisting with tax preparation, bookkeeping and financial planning. They can also audit accounts for overspending, fraud and misinformation. If you want to become a CPA in Salt Lake City, then there are several steps that you will Read More
First of all, congratulations. This year, filing taxes when you’re married comes with new choices for attaining substantial tax saving by maximizing the new tax codes. The goal in tax preparation is to take advantage of the right tax deductions and credits offering the most benefit to your lifestyle. Legally, married couples have the choice Read More
The New Laws Have Made Tax Preparation More Difficult If doing calculations is not your talent, it is a good idea to hire some professional tax help -or a CPA (Certified Public Accountant)-to do the calculations for you. However, even if you are talented at doing those calculations, it’s a good idea to keep a Read More
When tax season rolls around, all we really want is to see a nice return hit our bank account. It feels like a reward for all the hard work we’ve done that year. And you definitely deserve a reward after going through the hassle of filing your taxes. If you’re tired of not getting as Read More