In spite of the expensive cost of living, California remains to be among the most desired state for Americans to live in and that’s due to a couple of good reasons. The nice...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 07/23/2018
There are several tax benefits once you decide to have your business become an S Corporation. It saves the double taxation issues that a shareholder in a corporation normally encounters....
Posted by Tax Solutions & Accounting Services on 03/11/2018
January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
Starting a home business is one way to decrease your tax liability. Many taxpayers choose to do this but may not understand all the tax ramifications of decisions made during start-up...
Posted by Valderas Financial Solutions LLC on 09/27/2017
There's nothing quite like tax season to bring in full focus just how well, or how poor, your business has done over the past year. No matter what your specific business entity, when...
Posted by PB Tax & Accounting Services on 02/08/2017
Running a new business can be one of the most exciting parts of your life. You are taking your life into your own hands and deciding to do something that you love, rather than working...
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
4.3.1 (a) Residence of IndividualsUnder U.S domestic tax law, all individuals are subject to U.S tax, unless specifically exempted.U.S citizens are subject to U.S. tax on a worldwide...
Starting a new business can be an exciting time in your life. You have put a lot of time and energy into the business and you want to make sure that you have it all in order. One of...