• tax accountant boston ma

    Use tax software or hire a human? — DIY vs. DPB

    Should you try to file that complicated tax return with using commercial tax software or get the help of a qualified tax preparer? Unless you’re a qualified tax accountant, you should consider the pros and cons of DIY versus DPB. The former is fraught with pitfalls; the latter is more conducive to peace of mind. A note on the aforementioned…

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  • international tax accountant

    Plan Ahead for Your 2015 Tax Filing

    Experience can be a good teacher, but we shouldn’t learn everything through our mistakes. For example, if the IRS penalized you last April because you underpaid your taxes, you can fix that for this tax year. Consider having your employer deduct more from your wages, or at least going the estimated tax payment route. We may be halfway through 2015…

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  • tax accountant boston ma

    Reduce Your Tax Liability With These 3 Often Overlooked Tax Deductions

    As the tax year matures, it is not too late to find ways to reduce your personal or small business income tax bill. Below are three areas to pay attention to throughout the year: 1. Take more charitable deductions. You are probably aware that you can deduct the cash or value of property you give to charitable organizations. However, you…

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  • tax accounting services

    4 Questions You Should Ask Your Tax Advisor This Tax Year

    According to a piece in Business News Daily, tax year 2015 brings some new challenges and opportunities for small business owners in Boston and throughout the U.S. business landscape. If you want to stay ahead of the curve, you probably should ask our tax advisor a few questions. Here are four to get you going: Question 1. How does The…

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  • international tax

    Buying Time and Clearing up Your Tax Debt to the IRS

    The IRS is like a collection agency on steroids. Each passing day that you owe back taxes accrues additional penalties and interest on the amount due. But you still have options — a tax filing extension and installment plan, to name two — if you want to avoid compounding your problems with ruinous IRS levies and liens. The tax is…

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  • accounting tax services

    Incorrect Tax Forms Cause Major Headaches for 800,000 Americans

    One of the biggest changes facing tax filers this year is proving that they have health care coverage due to the requirements of the Affordable Care Act (AFA). Additionally, filers must also prove that their income qualifies them for subsidy payments, which they have already been receiving. Unfortunately, some serious errors by government officials have just made this process even…

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  • small business accounting

    Tom Brady Avoids Tax Penalty Associated with Giving Chevy to Malcolm Butler

    When Chevrolet prepared to give a brand new 2015 Chevy Colorado to New England Patriots quarterback Tom Brady for being Super Bowl XLIX MVP, Brady did the honorable thing and said he would give it to cornerback Malcolm Butler instead. After all, it was Butler who intercepted a pass on the goal line to secure the Patriots’ Super Bowl win.…

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  • small business accounting

    Turbo Tax and Do-It-Yourself VS. Professional Tax Preparer

    Tax time brings a multitude of financial decisions, including whether to hire a tax professional or prepare your own taxes using software like TurboTax. While the low cost and advertised ease of do-it-yourself tax products may be tempting, they aren’t always what they claim to be. In fact, many tax filers find them frustrating and time consuming with very little…

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  • tax preparer tax and accounting services

    We love students!

    At Dukhon Tax and Accounting, we have a special place in our heart for our local student population. Remember, we were once students too – and of course, we always remain studious and continue learning! As such, we’d like to show how much we appreciate the great minds of our local college community by offering a special price on tax…

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  • income tax accountants

    Fast Facts: Affordable Care Act

    Dukhon Tax advisors have been answering many questions in relation to ObamaCare and the Affordable Care Act (ACA). We hope these fast facts help with your 2014 tax preparation. The IRS opens the 2014 tax filing season on Tuesday, January 20, 2015. Taxes must be filed by the IRS deadline: Wednesday, April 15, 2015. When filing 2014 taxes, you must…

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