Openly citing that they target the working poor and include certain fees that can easily translate into yearly interest percentage rates ranging between 50% and as high as 400%, the...
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
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
Budgeting and managing your money can be stressful, especially if you are running a business and not that great with numbers. Watching your cash flow, monitoring the movement of your...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
Now that we’re in the current tax season, you may be wondering how to save money on the returns you file. It isn’t the easiest process, especially since the material distributed...
No one likes paying taxes. A few people may enjoy preparing tax returns, like Allan J Rolnick, a professional tax preparer, but absolutely no one actually likes paying for the taxes....
Posted by Allan J Rolnick, CPA, CTC on 01/21/2016
If you sold your home or property this year, you may be subject to Capital Gains taxes. Capital Gains occur when you sell something that has increased in value, such as an investment....
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...