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Some forms of taxable business income now have a lower rate, thanks to a new deduction for qualified business income (QBI). If you like the thought of paying tax on 20 percent less of certain kinds of business income, be sure to follow these five tips: Qualifying Income Only individuals and.

Getting ready to file your 2019 personal income taxes can be a daunting task of collecting information. But don’t worry, the pros at Donohoo Accounting Services are here to help! The information required to file your income taxes neatly falls into four categories: Your personal information, dependents’ information, income sources and.

As the close of the calendar year approaches, it may seem to be too early to start thinking about tax season. On the other hand, now may be the best time for nonprofit leaders to begin gathering the advice – and the documents – that they’ll need to maintain their organization’s.

2019 is quickly coming to a close. Get ahead of the game and get your money in order for 2020. Don’t know where to begin? No worries! Here are some helpful tips. Get Organized You can file taxes after the new year, so now’s a good time to get all your.

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