Unrelated business taxable income (UBTI) defines as an income that is regularly generated by an entity (tax-exempt body) by taxable activities. The income of UBTI is not associated...
The typical person makes his hard earned money work after deduction of credits and expenses. Parents have been teaching their children to be thrifty and deposit some money in the piggy...
Any business owner can easily relate the Audits conducted by the Internal Revenue System (IRS) as a nightmare for them and they may not leave any such chance of avoiding it. Another...
It would be disastrous to non-profit charitable organizations if they should lose their tax-exempt status. Therefore, it is incumbent upon the leaders of such organizations to familiarize...
If your small business involves manufacturing, sales tax can be a challenging part of your tax liabilities. After all, you may not be providing a service, but typically you are also...
While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...