Many people get prone to elder financial abuse yet less recognition for this matter. The matter does not come under the attention of the main authorities to resolve it. It needs to...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 06/26/2018
As a taxpayer, it's important for you to know about the significant changes the IRS made this year 2018 with regards to the Tax Reforms passed by the Congress. The IRS usually...
Posted by Duce Taxes & Accounting on 03/23/2018
Owning a house or a building can bring you a lot of benefits regarding the real estate tax laws. When you live in a house which you own in more than five years then you get exempted...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 03/08/2018
A Limited Liability Company (LLC) is not recognized by the IRS and is not a separate entity. The IRS calls it a “pass-through entity” because its profits and losses are...
Posted by US and International Business Services on 03/08/2018
Any property or asset which a person owns is considered as his/her estate. All the estate is distributed among the people who inherit it after the death of the person. If the person...
Posted by Jakusovas & Company on 03/08/2018
The IRS (Internal Revenue Service) has introduced some new policies in 2018, which include living cost changes for pensions and inflation adjustments for specific taxes. These yearly...
Posted by Lone Star Tax Group on 01/11/2018
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
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...
As we near the filing due date for individual tax returns, we may find that we are still missing key information that is necessary to claim a credit or a deduction. Working with your...