There are several tax benefits once you decide to have your business become an S Corporation. It saves the double taxation issues that a shareholder in a corporation normally encounters....
Posted by Tax Solutions & Accounting Services on 03/11/2018
You may hear of a program offered by the IRS to taxpayers who are having difficulties in paying their tax obligations. Offer In Compromise is a program that allows taxpayers to pay...
Posted by David Yeomans Accounting Service, Inc. on 03/11/2018
It can be very difficult to live if you’re struggling with keeping up with debt payments or having to live paycheck to paycheck because of debts. We mostly find ourselves in...
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
When it comes to tax season, there are a lot of questions that you may have. One of the first things that you need to consider is what filing status you are going to choose. If you...
For many tax payers, their refund check is eagerly anticipated to pay down high interest debt or pay for a splurge purchase. However, there are options available that allow you to...
When you are working on your tax return, you may notice that you can apply for the standard deduction or to itemize your return. Most people will choose to go with the standard deduction...
When you open a new business, there are a variety of options to start your business. You can choose to incorporate your business or create a limited liability company (LLC). While...
When opening a new business, there are a variety of decisions that come into play. Yet the one with potentially the greatest impact is the choice of legal structure for your business....