support@baysideaccountingservices.com
Bayside Accounting Services
telephone icon 443-203-9191
Client Login Button
  • Home
  • Tax Rates 2020
  • Services
    • Outsourced Controller
    • Tax Preparation and Planning
    • Tax Resolution
    • Bookkeeping
    • Payroll
    • Advisory Services
    • Cloud Accounting
  • Pricing
    • Sole Proprietor Packages
    • S Corporation Packages
    • Partnership Packages
  • Resources
  • Testimonials
  • Blog
    • Monthly Newsletter
    • Weekly Tax Tips
  • About
  • Contact

Archive for the Tax News Category

Home → Tax News

Ten Commonly Overlooked Deductions

On March 1, 2017   /   Individual Income Tax, Tax, Tax News, Tax Tips   /   Leave a comment

Don’t forget these ideas to lower your taxes The tax code is about 75,000 pages long, so it’s not surprising there are many overlooked money-saving deductions hidden within it. Check out this list of commonly overlooked deductions. You might wind up with a bigger refund than you

Read more →
Back to Top

Know Your Audit Risk

On January 25, 2017   /   Accounting, Personal Finance, Tax, Tax News, Tax Relief, Tax Tips   /   Leave a comment

Nearly every taxpayer can imagine a worst-case scenario where they run afoul of the IRS and are selected for an audit. Here are a few areas that tend to get unwanted audit attention and ideas to help you stay prepared.   Your audit risk is (probably) low.

Read more →
Back to Top

When Converting to a Roth Makes Sense

On January 18, 2017   /   Individual Income Tax, Tax, Tax News, Tax Tips   /   Leave a comment

When Converting to a Roth Makes Sense Virtually anyone with a qualified retirement savings account can convert funds into a Roth IRA. A Roth is different from other retirement accounts in that contributions come from after-tax dollars, while earnings are tax-free. The question for taxpayers with funds

Read more →
Back to Top

An Early Roth IRA Conversion Tip

On January 9, 2017   /   Individual Income Tax, Tax, Tax News, Tax Tips   /   Leave a comment

An Early Roth IRA Conversion Tip It’s best to take action early in the tax year if you want to roll funds into a Roth IRA. That’s because an early move into a Roth typically gives you the option to re-convert your funds through October 15th of

Read more →
Back to Top

2017 Standard Mileage Rates

On January 6, 2017   /   Individual Income Tax, Tax, Tax News, Tax Tips   /   Leave a comment

The IRS recently announced mileage rates to be used for travel in 2017. The business mileage rate decreases by 0.5 cents while medical and moving mileage rates are lowered by 2 cents. Charitable mileage rates are unchanged. 2017 Standard Mileage Rates Mileage Rate/Mile Business Travel 53.5¢ Medical/Moving

Read more →
Back to Top

Last Year’s Tax Bill Makes This Year’s Opportunity

On December 16, 2016   /   Individual Income Tax, Tax, Tax News, Tax Tips   /   Leave a comment

For the first time in many years, it looks like a last minute tax law change will not upset your ability to fulfill a well thought out tax plan. In addition to making last minute moves to reduce your tax obligation, consider some opportunities to take advantage

Read more →
Back to Top

Private Agencies to Start Collecting for IRS

On December 16, 2016   /   Individual Income Tax, Tax, Tax News   /   Leave a comment

What you need to know: In late 2015 Congress required the IRS to turn over uncollected taxes it is no longer pursuing to outside collection agencies. The agencies are now selected and in early 2017 they will begin their collection efforts. This will impact all of us.

Read more →
Back to Top

Preview of Some Key 2017 Tax Figures

On October 10, 2016   /   Tax, Tax News, Tax Tips   /   Leave a comment

 Preview of Some Key 2017 Tax Figures While official numbers for 2017 are not yet released by the Internal Revenue Service (IRS), many figures are based on the Consumer Price Index (CPI) published by the Department of Labor. Using the release of recent CPI figures, a number

Read more →
Back to Top

In the News: The Student Tax Scam

On September 1, 2016   /   Tax, Tax News, Tax Tips   /   Leave a comment

In the News: The Student Tax Scam IMPORTANT: Please pass this information on to each of your children and any family with kids in school. Your best defense is awareness. With school just around the corner, the IRS has reminded us to pay attention to a new

Read more →
Back to Top

Charitable Donations from Your IRA

On August 25, 2016   /   Tax, Tax News, Tax Tips   /   Leave a comment

Charitable Donations from Your IRA  One of the temporary tax provisions made permanent as part of the tax code in late 2015 is qualified charitable distributions from IRAs for those who have reached age 70½. Unfortunately in 2014 and 2015, the law was extended too late during

Read more →
Back to Top
Page 1 of 1412345...10...»Last »

Monthly Archives

Blog Categories

  • Accounting
  • Bookkeeping Tips
  • Business Development
  • Business Tips
  • Cool Tech Tools
  • Cost-Savings Tips
  • Customer Service Tips
  • Data Security
  • Decision-Making Tips
  • Expense Reduction Tips
  • Individual Income Tax
  • Management Tips
  • Payroll Tips
  • Personal Finance
  • Personal Interest
  • Profitability Tips
  • QuickBooks Help
  • QuickBooks Online
  • QuickBooks Software
  • QuickBooks Training
  • Social Media
  • Tax
  • Tax News
  • Tax Relief
  • Tax Tips
  • Time Management Tips
  • Uncategorized
  • Xero Tips

Sitemap

  • Home
  • Services
  • Industries
  • Blog
  • About

Contact Us

Tax, Accounting and QuickBooks® services

Bayside Accounting Services

5503 Muddy Creek Road, Suite 3
Churchton, MD 20733

443-203-9191
support@baysideaccountingservices.com

Intuit, QuickBooks, and QuickBooks ProAdvisor are registered trademarks of Intuit Inc. Used with permission under the QuickBooks ProAdvisor Agreement.

Schedule a Consultation

 

Remote Support

Click Here for Remote Support Click Here for Remote Support
Copyright Bayside Accounting Services 2019 | Site Design by Accelerator Websites
Back to Top