When you have a child with special needs, there can be plenty of concern regarding their care when the parents or other family members are no longer able to care for that child, due...
Tax time is often stressful for a number of reasons. Taxes are, of course, themselves a bit of a headache with rules, regulations and conditions that change from one year to the next....
In 2014, the Achieving a Better Life Experience, or ABLE, Act was signed into law after passing through the House and Congress. The act allowed people with disabilities to establish...
Do you happen to be the charitable type? Depending on which organization(s) you chose to donate your time, money, or goods to, you may be able to deduct those donations on your tax...
Are you an American native planning a move overseas or are you already living abroad? Do you have years of pendingtax returns? Even though it may seem tempting, you should never ignore...
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015
Income of a Taxpayer Salary, wages, remunerations, for services and gratuities received by a taxpayer are all considered as income of a taxpayer. These types of incomes are taxable...
In the previous article, we touched base on the various types of allowances and deductions allowed to people serving in the Armed Forces. Notably, exclusion of income of members...
Posted by AllRight Consulting & Tax, LLC on 01/12/2015
Code Section 7701 (a)(30) U.S citizens are U.S Persons and Citizens of foreign countries are U.S Persons who meet either of the following two tests: Green Card test Substantial...