For small businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains. Capital...
For a variety of businesses that have chosen to incorporate, there are some unique aspects to consider when it comes to the taxes that your corporation will pay on capital gains, which...
Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland. Dividend income is divided into two categories by the IRS,...
Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...
Posted by The Accounting and Tax on 01/28/2016
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by AccuraTax LLC on 01/28/2016
Investing, in its bare bones form, is all about letting the money you have make more money for you. This holds true for stock market investment too. Investing in the stock market allows...
The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...