5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
If your employer does not offer a retirement savings plan, it can be difficult to take the next step to begin the process of saving for retirement. However, the U.S. Treasury Department...
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...
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
When it comes to saving for retirement, there are multiple options available. Since the encouragement is to save as much as possible, as early as possible, here are a few of the saving...
Donating an old or used vehicle to charity is a win-win notion.You win simply because you not only get rid of a clunker for which you pay registration and insurance fees (and also,...
When it comes time to prepare your tax return, you may find the number of potential deductions and credits, quite overwhelming. Not to mention the various schedules, forms and calculations...
Posted by Horizon Client Services, LLC on 03/03/2016
If your employer does not offer a retirement savings plan, it can be difficult to take the next step to begin the process of saving. However, the U.S. Treasury Department is now offering...
Posted by BHATIA & CO, INC, CPAs on 02/23/2016
Saving for retirement can be difficult, especially when the cost of living and student loan payments quickly eat up your paycheck. However, the U.S. Treasury Department is now offering...
Posted by Allan J Rolnick, CPA, CTC on 02/23/2016