If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Bottom Line Tax Services, LLC on 09/20/2017
7.3.2 [a] Taxation of the Business Profits of a Canadian ResidentParagraph 1 of the Article VII of the Treaty provides that the business profits of a Canadian resident will only be...
Posted by The Accounting and Tax on 09/09/2017
7.3.1 [a] U.S. Taxation of Income of Foreign PersonsForeign persons generating income from U.S. sources are potentially subject to one, or both, of two U.S. federal taxation regimes....
Posted by The Accounting and Tax on 09/09/2017
As a small business owner, you can make your taxable profit lower by claiming small business deductions. While you, or the accountant you hire, prepares your business tax return,...
Posted by Bottom Line Tax Services, LLC on 09/06/2017
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...
Posted by The Accounting and Tax on 08/31/2017
Generally, Article VII provides that the business profits of a person resident in one Contracting State should not be taxable in the other Contracting State unless the particular...
Posted by The Accounting and Tax on 08/31/2017
IntroductionThis article of the treaty talks about following points:1 – The business profits of a resident of a Contracting State shall be taxable only in the State unless the...
Posted by The Accounting and Tax on 08/31/2017
Most people only think about their tax preparation when they want to file their tax return. The smart thing to do would be to get an education on the tax system and understand tax...
Posted by Bottom Line Tax Services, LLC on 08/30/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Advantage Tax Service on 08/16/2017