If you are a small business owner, tracking the taxes owed to the various levels of local, state and federal government are par for the course. This includes sales tax obligations....
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
Many small business owners often wonder if there is a benefit to incorporating their business. Yet by incorporating your business, you can receive several tax benefits to reduce your...
There will be many circumstances or periods where you will owe the IRS money. If you are unable to pay and have avoided paying the IRS, you may be subject to seizure, which is...
By Asharp Bookkeeper Many people will concede that tax time is the worst of all times of the year for them. It often brings along a sense of urgency and a level of pressure that is...
Posted by Asharp Bookkeeper on 01/13/2016
There are a number of opinions when it comes to choosing between bookkeeping services and doing it on your own. Bookkeeping services are not only required for filing your income tax...
Gross income comes from following categories of income: Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property. Leasing generates rental income....
Posted by The Accounting and Tax on 03/05/2015