Newsflash

Married taxpayers can generally exclude from Federal income taxation up to $500,000 of gain from the sale of a personal residence.  However, prior to 2008, if one spouse died, the sale had to occur in the year of death.  If the sale occurred after the year of death, the surviving spouse's exclusion was limited to $250,000.  Under the Mortgage Relief Act, the surviving spouse can exclude up to $500,000 if the sale occurs not later than 2 years after the dae of death of one of the spouses.
 
Welcome to my web site.
Written by James Carroll   
Saturday, 06 January 2007

Take a look around, and visit News for interesting updates to the ever-changing tax laws.  Contact me if you would like any additional information on Services provided.


People may wonder if they really need a CPA.  They ask, "Why not just hire an accountant?  They both have accounting degrees, and accountants are cheaper."   If you ask yourself that question, remember this: There is a difference between CPAs and Accountants.


Company Mission
To provide professional tax and accounting services to individuals and small businesses.  Remember, if you fail to plan, you plan to fail.  Proverbs 13:16 - "Every prudent man acts out of knowledge, but a fool exposes his folly."
 

Your Goals Are My Goals
Individuals and businesses have limited resources, especially money.  If you are overpaying your taxes, you are giving money away.  Money that could be used for your child's education, your retirement, or put back into the business for expansion.  I want to make sure you are paying the minimum amount in taxes, legally.


Contact Information
Telephone    410.356.3479
FAX    410.356.1950
E-mail: This email address is being protected from spam bots, you need Javascript enabled to view it
Firm Created Nov. 18, 1998

 
Last Updated ( Saturday, 06 January 2007 )