It is no news, nor will it come as a shock to anyone that more companies are entering the global market, including small and medium-sized businesses. Deliberate expansion into a promising...
Posted by Elliot Kravitz, ATP on 06/06/2021
What are foreign tax credits?Foreign tax credits are non-refundable income tax credits paid to a foreign government because of income tax. The foreign tax credit is available for those...
The QBI (qualified business income deduction) allows individuals to deduct up to 20% of business income, REIT dividends, or PTP income from personal income tax returns. Those who are...
The Internal Revenue Service came out with new procedures allowing expatriates who have renounced their US citizenship the opportunity to comply with their tax obligations and in turn,...
Posted by Valderas Financial Solutions LLC on 10/31/2019
Traders or merchants who qualify for the trader's tax status (TTS) as a sole proprietorship, S-Corp or partnership (including hedge funds), wonder if they should use the tax treatment...
Posted by John Pournaras Agency on 04/09/2019
Foreign Tax Credits are taxes which are non-refundable through the income taxes which have to be paid to the government over the withholdings. It is available for everyone to work...
Posted by J.R.'S TAX SERVICE on 12/10/2018
The modified adjusted gross income is used by the IRS to find out whether a private taxpayer is eligible for specific tax deductions. The IRS most importantly use it to determine how...
Posted by rinehimerbaker on 11/14/2018
As the international tax planning & tax law raise in complexity, this could be tough to navigate international tax problems & several regulations that settle down by several...
Not each of the person who give taxes within the United States lives or works on the land of Amerika. If you live out of the Amerika, you may get able of excluding a part or all of...
Posted by ALJ Business Services,LLC on 09/14/2018