You Claim Gambling Losses on Your Taxes

Whether you roll the dice, play cards or bet on the ponies, all your winnings are taxable. Gambling losses are indeed tax deductible, but only to the extent of your winnings. This requires you to report all the money you win as taxable income on your return. However, the deduction for your losses is only…

Small Business Health Care Tax Credit

As the tax filing deadline approaches, many small business owners are looking for ways to save money as they prepare to file their tax returns. Although the Affordable Care Act does not require that businesses provide health insurance, it does offer Federal tax credits for eligible small businesses that choose to provide insurance to their…

Summary Dissolution – Ending a Marriage in California

Ending a marriage is never easy, and couples looking for a “quickie” divorce in California will find themselves sorely disappointed. There is no such thing. The quickest a couple can end their marriage in California is six months plus one day from the day one of them effectively serves the other spouse with initial divorce…