IRS Rules and Exceptions for Claiming Tax Dependents

Remember, most people won’t claim their winnings right away because they’ll take time to set their plan. Claim periods vary by jurisdiction so people should check with the lottery in the state where the ticket was purchased to get the applicable claim period for that ticket. If you’re a California resident and purchase your ticket there, you […]

Bookkeeping vs Accounting: What’s the Difference?

CPAs may specialize in different practice areas, such as tax, auditing, personal finance planning, or business valuation services. Even if an accountant has a degree and a certification, it doesn’t mean they are a better choice than a bookkeeper with sufficient experience. How much you make as a first-year accountant depends mainly on the specific […]

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