What is an IRS audit?The IRS may choose to examine the taxpayer's accounts and financial information to ensure that all tax laws are followed. Even though the IRS only verified...
Posted by James Financial Services Inc on 04/09/2021
Investing in funds is not yet common among most new investors. Many retail investors turn to stocks and fixed deposits to start investing in. In this article, we'll examine which...
Posted by James Financial Services Inc on 03/31/2021
As the business world becomes more competitive and everyone seeks efficient operations in terms of time and money, the practice of Business Process Outsourcing (BPO) becomes more and...
Posted by James Financial Services Inc on 03/28/2021
Suppose you have an investment property, such as a house, apartment, condominium, or commercial property that you rent out. In that case, you usually have to pay capital gains tax...
Posted by James Financial Services Inc on 03/19/2021
Most Americans are familiar with federal and state income taxes, but payroll taxes are not well understood.Payroll taxes are types of taxes applied to earned income: wages, salaries,...
Posted by James Financial Services Inc on 03/09/2021
There are different goals for all taxpayers when filing their returns each year. Some might aim at reducing their tax amount. At the same time, another might desire a huge refund amount,...
Posted by James Financial Services Inc on 03/01/2021
The employer will take a part of your salary and send it to the IRS for people paid regularly, which happens via withholding taxes. People that are self-employed or paid via non-wage...
Posted by James Financial Services Inc on 03/01/2021
As a U.S. citizen or U.S. Resident Alien, you must pay taxes on your worldwide income. Suppose you are not a resident of the United States or its territories or have income in the...
Posted by James Financial Services Inc on 02/23/2021
The employer shared responsibility requirements under the Patient Protection and Accessibility of Care Act (PPACA or ACA) include the employer's mandate - paid or play- and the...
Posted by James Financial Services Inc on 02/17/2021
