Life is unpredictable. When something interrupts your plans, it’s good to know there’s a way to supplement your income, in case of an unexpected life event.Social Security...
As a small business owner, you handle multiple responsibilities on a daily basis. One area where you can reduce your load is by hiring a CPA or accounting firm. These firms can ease...
Posted by MVW Services on 06/25/2016
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
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
AccountantAll Small business owners are supposed to stay up to date and comply with the many obligations for state, local and even federal taxes. Most business owners normally hire...
Marriage is good for many reasons. Apart from the fact that married couples are happier (at least a majority of them), marriage also takes some financial burden off your shoulders....
Posted by BHATIA & CO, INC, CPAs on 01/13/2016
After computation of creditable foreign income taxes, next step is to compute foreign tax credit limitation. Example: USAco has U.S source income = 200 Foreign source taxable...
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015