For small business owners, partnerships and corporation, tax filing due dates are based on laws and regulations governed outside of the traditional April 15th due date for individual...
Posted by TAX PROBLEM RESOLUTIONS INC on 03/10/2016
Recently, the Senate passed legislation that funded a highway bill, but also changed several filing due dates for various businesses. The bill overrode the current due dates for several...
Posted by MVW Services on 03/03/2016
For small business owners, their tax filings are typically due earlier than the individual taxpayer. However, a recent highway funding extension passed by the Senate has also altered...
Posted by Brian Walsh EA on 03/03/2016
Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...
Posted by The Accounting and Tax on 01/28/2016
Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...
Posted by The Accounting and Tax on 01/27/2016
The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...
As an entrepreneur of a newly established start-up, most founders are unaware of the tax filing requirements. Taxes are puzzling even for established businesses so we understand how...
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016