Is your income from your hobby taxable income?
Did you know that a taxpayer must report income on their tax return even it is made from a hobby? However, as a taxpayer, you must...
Charitable Contributions Tax Deduction
As we are about to end 2017, many people will donate to charities at this time due to the holiday season. As a taxpayer, you may benefit...
Accounting Word of the Week: Deferred Charge
Today we are looking at deferred charge. A deferred charge is a prepaid expense that is regarded as an asset on a balance sheet. This...