If you are a Canadian and own a small business in your home, then you may wish to pay a lower amount of tax and may look for opportunities to claim tax write-offs. You can easily assume...
Posted by The Accounting and Tax on 05/27/2019
Rejecting tax extension application through e-file or on paper isn’t really something that the IRS would do a lot of times. However, they have rejected tax extension applications...
Posted by Elliot Kravitz, ATP on 04/17/2019
Several Americans have come to depend on tax refunds to feed their spending during the last days of winter. But since income tax filing has begun, a general review of the tax code...
Posted by J.R.'S TAX SERVICE on 04/09/2019
Everyone is responsible when it comes to paying their own taxes. The Internal Revenue (IRS) is very strict in implementing this rule to everyone: regardless of your age, are required...
Posted by J.R.'S TAX SERVICE on 04/03/2019
The sale of a business involves the selling of separate assets. These assets are the property held by the company that is primarily used for investments and for the usual useful business...
Posted by J.R.'S TAX SERVICE on 04/03/2019
The IRS does not reject many tax extension applications. However, there are several reasons for not receiving tax extensions. I will explain the reasons for the refusal to extend the...
Posted by J.R.'S TAX SERVICE on 02/27/2019
What is Section 199 A?In the year 2017, American President Donald Trump signed the 2017 Tax Cuts and Jobs Act, it includes the enactment of Section 199A of the Internal Revenue Code...
Posted by John Pournaras Agency on 11/30/2018
Are you operating one single “owner” company or a member limited liability company? Thinking of making some multi-member LLC? In both ways, you are likely to face questions...
As the sole proprietor, you’re basically in charge of your business. While considering the tax code, you as well as your own business are just one single entity. And, it entails...
Posted by Niner's Accounting & Tax Services, LLC on 07/16/2018