The home office deduction is one of the most popular tax deductions for those who work from home. Once you understand how to record, calculate, and report home office expenses, you...
Estate and Trust are the two main legal structures for transferring assets to your heirs and beneficiaries. Each works in different critical ways. Estates make a single transfer of...
Failure to pay federal income tax can have serious repercussions. Not only will the IRS likely charge you fines and interest on the unpaid balance, but the IRS may also enforce collection...
Surely everybody can be in debt from smallest to largest and it is able to be difficult for the individual to control it. However for the long-term gain, you have the selection for...
7.2.2 [a] Article Vii[1]Business Profits – Taxation of Profits Attributable to a permanent EstablishmentBusiness profits of a U.S. resident carrying on a business in Canada are...
Being self-employed can bring a great deal of freedom, both professionally and personally. Along with that freedom, you are now responsible for handling all of your own expenses. By...