Self-Employment Tax – How to File in 2019, 2020

Traverse City, MI 7/2/2019 - There are so many benefits to being self-employed - making money on your own terms, being your own boss and living the life that you dream of. But when it comes to filing your taxes, there is just one little disadvantage to being...

All about the Six Schedules of the Form 1040 for 2019, 2020

Traverse City MI, 7/2/2019 - In a bid to simplify the tax filing process for many Americans who have quite a very simple tax affair, the Internal Revenue Service introduced a new and smaller Form 1040. This change saw many of the lines of the previous form moved to...

Moose Canoe Hire – New Canoes to Rent on the River Thames

Moose Canoe Hire launches this month renting Canadian Canoes on the River Thames. Moose Canoe Hire has a riverside base at Bisham Abbey, Marlow as well as offering clients the option of a canoe drop at various locations along the Thames. The Bisham Abbey site benefits...

How Capital Gains Can Affect Your Tax Bracket (2019, 2020)

Traverse City, MI-6-26-2019 - Capital gain tax is paid on the profit made from selling your own assets. This tax levy is only due after a sale is made or completed. That is, if the value of your asset most likely a property increases, you are not required to pay the...

How Possible is it to Claim the Deduct Mortgage Interest?

Traverse City, MI - In a new post, the American Tax Service, a tax blog dedicated to educating Americans about the US tax system has revealed all there is to know about the mortgage interest tax breaks. Recent changes to the US tax system by the Tax Cuts and Jobs Act...