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Investment Interest Expense Deduction to Expect in 2021

Investment Interest Expense Deduction to Expect in 2021

The TCJA eliminated several itemized deductions from 2018 through to 2025. However, the investment interest deduction was not affected. This means that single taxpayers can claim their...

Posted by Rosovich & Associates, Inc. on 01/13/2021

Floral Park NY Tax Pro for Interest Expense Deduction Tax Preparer for Expense dduction TCJA 1040 Investment Interest Investment Income Capital Gains Form 4952 Standard Deduction
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International Tax Transactions USA

International Tax Transactions USA

Bases for asserting jurisdictions Who to tax? What income to tax? Personal relationship between a taxpayer and the country This concept also applies to corporations and other type...

Posted by The Accounting and Tax on 10/13/2015

International tax tax jurisdiction taxpayer double taxation foreign source income foreign tax credit U.S residents domestic corporation substantial presence test green card test foreign persons investment income tax treaties withholding tax
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