By and large, debt that is canceled or forgiven by a moneylender is viewed as taxable earnings by the IRS and must be incorporated as salary on your return form. Instances include...
Posted by ERICHSEN KALLSEN & ASSOCIATES CPAS LLP on 03/08/2019
Having children is wonderful but they can be overwhelming during summer breaks or when they’re cooped up in the house when spring comes up. However, they are also a great help...
Posted by Flynn Financial Group Inc on 11/14/2018
If you have approached the age for retirement, you must have this thought in your mind about how much money do you have, how long will this money last and how much money can you withdraw...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 10/26/2018
When it is the time of filing taxes, people get conscious and at times, they commit the mistakes which can backfire on them. You can get hit by the tax identity theft easily during...
Posted by Jakusovas & Company on 05/30/2018
The expatriate of United States may assume that your relationship is no more with your home in the United States. You may not obliged to file a return to a state along with your national...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/18/2018
Every small business needs a flexible solution for payment processing for the growth of their business. It is essential for each business to familiarize to emergent methods your clients...
Posted by J.R.'S TAX SERVICE on 04/27/2018
Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...
Posted by Flynn Financial Group Inc on 01/19/2018
At present we are in the midst of uncertain financial times. Owing to the uncertainties it was seen that the average Canadian debt balances rose by 2.3% in the 2016 3rd quarter, which...
Posted by The Accounting and Tax on 12/01/2017
In some businesses, you are going to need to travel some in order to conduct the business. Very few times will you be able to just stay in one place and make the business run. But...