IRS Deadline Approaching for Small Non-Profit Organizations

Garfield Heights, OH. – Even small non-profit organizations, such as sports clubs, civic organizations and local associations, are required to file a yearly report with the IRS. By law, the IRS will automatically revoke the federal tax-exempt status of organizations that fail to file annual reports for three consecutive years. Churches and church-related organizations are […]

Are Your Child Care Expenses Deductible?

[Garfield Heights, Ohio] – When trying to cut costs during these hard economic times, it is unlikely that your child care expenses can be reduced. Luckily, there is the credit for child and dependent care expenses offered on your individual tax return. The credit can be up to 35 percent, depending upon your adjusted gross […]

Steven Cook National Association of Tax Professionals (NATP)

Garfield Heights, OH. – Steven Cook at Matrix III Income Tax Service, LLC of Garfield Heights, OH. is affiliated with the National Association of Tax Professionals (NATP).  The NATP is a nonprofit professional association founded in 1979 and is committed to excellence in taxation. Affiliation reflects a mutual commitment to ethical values and dedication to […]

Tax Implications for Self-Employed Consultants

Garfield Heights, Ohio – Picking up a second job to supplement household income in a tough economy is becoming more common. Many Americans are choosing to become consultants that visit homes to sell make-up, jewelry, candles, kitchen utensils and food products. Some may not realize the tax implications of becoming a sole proprietor and what […]