The Internal Revenue Service (IRS) requires all citizens of the United States to file for their taxes each and every year. If you’re an employee, filing for taxes every tax season...
Posted by John Pournaras Agency on 07/26/2018
The word Not-For-Profit often rings a bell in the ear and suspicion in mind regarding their mode of operation and revenue model. A lot of these curiosities stem from the fact that...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 05/21/2018
Every penny is essential for a business organization. Each business spends some time before tax year to review receipts and invoices. This procedure results in money expenditure instead...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 05/18/2018
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...
Posted by Foudy CPA Group,PC on 05/16/2018
Whether you’re a business owner or an individual, donating to charity makes you feel good. You like helping others and making a difference. Of course, it doesn’t hurt that...
As a small business owner, you’ve got nothing to worry about. Revenue comes easy, expenses are minimal, and it is no problem at all to meet your tax requirements at the end of...
Military taxes are an exemption for many retirees in an increasing number of states. West Virginia is the most recent addition, just after Arkansas passed a law that will end taxation...
Posted by Lone Star Tax Group on 01/04/2018
When the Affordable Care Act (ACA) was enacted, there were also various tax provisions that went into effect. Various groups of taxpayers, including individuals, employers and...
Small businesses are collectively a huge source of hiring potential. A vast majority of workers are hired, not by large companies, but by small and relatively local ones. However,...