If you have a second home in a resort area, or if you have been considering acquiring a second home or vacation home, you may have questions about how rental income is taxed for a...
Posted by KAB Bookkeeping and Tax Service on 02/11/2019
It’s no longer a surprise why sites like Airbnb and Craigslist became popular these days. A lot of savvy travelers have been looking for alternative accommodations when they’re...
Posted by rinehimerbaker on 01/22/2019
People are always in the run to earn more money as well as some extra money in order to meet their needs. For those of you who have big homes, you have an excellent option of renting...
Posted by J.R.'S TAX SERVICE on 01/09/2019
Every person has to die one day and same is the case with the death of a spouse, it has to happen one day. No one plans or knows when the death will occur and when the time of death...
Posted by Valderas Financial Solutions LLC on 10/10/2018
If you do not apprehend the idea of rental properties and what it means for taxes charges and what various things are related to it then it's miles continually higher to...
Taxes are considered as the lifeblood of the government. Every nation throughout the globe used taxes as a way to raise funds for the sustenance of the economy and funds for the nation's...
Posted by J.R.'S TAX SERVICE on 03/08/2018
7.3.1 [a] U.S. Taxation of Income of Foreign PersonsForeign persons generating income from U.S. sources are potentially subject to one, or both, of two U.S. federal taxation regimes....
Posted by The Accounting and Tax on 09/09/2017
Renting an apartment online? First, let me tell you about the FTC’s case against Credit Bureau Center, LLC – a company that posted fake online rentals to lure people to...
Posted by Emelia Mensa CPA on 01/18/2017
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016