Consolidated returns are corporate tax return of affiliated groups. These groups elect to report their tax liability of a return. A consolidated income tax return syndicates the responsibility...
Posted by ALJ Business Services,LLC on 07/30/2018
As the income tax system of United States of America is a progressive one. So, a high-income level generally means a high tax rate. Luckily, there is Internal Revenue Code that consists...
A person who wishes to buy a house always look for a great deal. They wish to get something good in low price but then the reality hits. It is always bitter in reality that you have...
Posted by Abundant Returns Tax Service on 06/18/2018
When a death occurs in the family, there are disputes most of the times. The disputes are regarding the finances of the person who passed away. It gets a huge matter that how to resolve...
Posted by Foudy CPA Group,PC on 05/30/2018
Things change. So do people. And so do people’s mind when things start to change. This article is mostly for those of you who have set up a trust and is now seriously considering...
Posted by ALJ Business Services,LLC on 05/21/2018
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
In case you are an immigrant to Canada you would know that, Canada is a cultural mosaic, with people from all over the world now calling it their home. So as an immigrant here apart...
Posted by The Accounting and Tax on 03/19/2018
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
Corporate taxes are collected from the businesses of different sizes and they have constituted to be third biggest entity for the states to collect revenue after individual taxes and...
Posted by Duce Taxes & Accounting on 03/05/2018