Hello, everyone! At BTL & Company, P C, Tax & Accounting, we help clients every day to save money on their taxes and get the most out of their tax returns. If...
If you won the jackpot this year at one of the Casinos, you’ll want to put a little aside for the IRS. Casino winnings are taxable, and large payouts need to account for the...
Background:U.S investors in foreign mutual funds could avoid U.S taxes. The fund itself could avoid U.S taxes because it was a foreign corporation that only derived foreign source...
The United States restricts the credit to foreign income taxes that duplicate the U.S income tax against which the credit is taken. Under code section 901, a foreign levy must...
Tax returns can be quite a task if you are not aware of what all deductions you can include and how to itemize them. But the Internal Revenue Service website contains all the information...
The following items are included in income of taxpayer for a taxation year: Alimony or maintenance payments (s. 56(1)(b) and s. 56(1)(e)) Allowances for personal, living, or any...