If you sell your main home
and realize a gain from the sale, you may qualify to exclude all or
part of that gain from your income. The following ten tips will
help when selling your home.
1. In general, you are eligible to exclude the gain from income
if you have owned and used your home as your main home for two out
of the five years prior to the ...
OK, we’ll cut to the chase. After all, we
know how much we hate to wait for the payoff: The IRS just might
have some money for you. All you have to do to get it is file.
Did you earn income in the last few years, but didn’t file a tax
return because you just didn’t make enough to file? Or maybe you
didn’t have any tax withheld from your pay, but would be ...
As a new employer, you probably have questions about what it means to “do payroll.” This document will provide you with an introduction to payroll processing and some background about your obligations as an employer.
There are three main things you need to do related to payroll:
The Best Utah County Has to Offer!
Jennifer L. Card, E.A.
Tax Accountant
Member, NAEA and UTSEA
We are so happy to be working with Jennifer Card. Jennifer Card has become one of the most sought-after tax accountants in Utah, with large numbers of happy clients to prove it. She has Baccalaureate degrees in both Business Management and Accounting (Suma Cum Laude), and has eighteen years of experience in tax accounting and management for small business, as well as success ...
Continue Reading →A personal financial statement is a summary listing of all of an individual’s personal assets and liabilities. If you have a statement, it is important to how to analyze it and how it relates to you. This will help you to know what is working for you and what improvements you need to make on it.
The most important aspect of your statement is the cash. This includes cash in checking and savings accounts, stocks and bonds, and the ...
Continue Reading →
