Every dollar counts if you have a law firm, especially during tax season. An integral part of your firm's tax is the calculation of tax deductions for lawyers. We understand that...
Posted by Income Taxes and Bookkeeping LLC on 06/24/2022
Conflicts in a group are inevitable, likewise in a business. The crucial thing is the resolution of such conflicts. However one of the common aspects of experiencing this conflict...
Posted by Income Taxes and Bookkeeping LLC on 06/11/2022
Do Expats pay taxes? Yes. Do they owe tax debts to the United States? Yes. This may sound surprising to you, especially if you are not a U.S. citizen. But if you're a citizen,...
Posted by Income Taxes and Bookkeeping LLC on 05/31/2022
What is a foreign tax credit?A foreign tax credit is a United States tax credit that is used to offset income tax paid abroad. United States citizens and resident aliens who pay income...
Posted by Rosovich & Associates, Inc. on 05/31/2022
Like most other types of compensation you receive for performing services, the payment you receive from the federal, state, or local government for serving as a juror is generally...
Posted by Income Taxes and Bookkeeping LLC on 05/27/2022
A sole proprietorship is the default business type because most businesses begin that way. Sole proprietorships are taxed differently from other kinds of businesses because they...
Posted by Tiffany Gaskin on 05/27/2022
Suppose you have tax debts this year. It is less than ideal - if you're struggling to pay off your tax debt, as it can have a lasting impact on your finances. But does tax debt...
Posted by Income Taxes and Bookkeeping LLC on 05/22/2022
For many workers close to retirement, the desire to settle somewhere cozy and quiet, away from the hustle and bustle of their working years, is real. If the idea is to enjoy retirement,...
Posted by Income Taxes and Bookkeeping LLC on 05/10/2022
An overviewBefore claiming gambling losses in income taxes, you must declare gambling winnings as income. Here's all you need to know in a nutshell: You can deduct gambling losses...
Posted by Abundant Wealth Planning LLC on 04/30/2022
