Canada U.S Tax Treaty Article 4 - Residency...
Posted by The Accounting and Tax on 04/01/2016
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
Recently, the Senate passed legislation that funded a highway bill, but also changed several filing due dates for various businesses. The bill overrode the current due dates for several...
Posted by MVW Services on 03/03/2016
For small business owners, their tax filings are typically due earlier than the individual taxpayer. However, a recent highway funding extension passed by the Senate has also altered...
Posted by Brian Walsh EA on 03/03/2016
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,...
Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...
Posted by The Accounting and Tax on 01/27/2016
In order to report various forms of income or to take advantage of various deductions, the IRS typically requires you as the taxpayer to complete various forms known as tax schedules....
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...