Millions of taxpayers have overpaid their taxes throughout the years. Many of these same taxpayers are unaware of these deductions, so it is important to work with your tax preparer...
Posted by James Wells EA MBA Tax Office on 01/21/2016
A tax deduction is a feasible and convenient way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total...
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...
A tax deduction is the right way to reduce a person’s taxable income. The total deductions are subtracted from the taxable income to devise the total tax bill, for a complete financial...
When starting a new business, there are multiple details that require your attention. From inventory to employees, you need to be in several places at once. The administrative aspects...
Posted by MVW Services on 01/13/2016
By Asharp Bookkeeper Many people will concede that tax time is the worst of all times of the year for them. It often brings along a sense of urgency and a level of pressure that is...
Posted by Asharp Bookkeeper on 01/13/2016
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
If you operate a small business and have the need to control and manage every small detail of that business, you may be inclined to do your business taxes by yourself, without the...
Posted by James Wells EA MBA Tax Office on 01/06/2016
When you think of “sales tax,” you probably just think of it as a set number added to your bill when you complete a transaction. Since you are used to being taxed on your...
Posted by Stephen Elmore on 11/19/2015