When most of taxpayers think of trusts, they typically are associated with those high income earners and not the average middle class family. Yet trusts can provide a vast number of...
When you are starting your business, there are plenty of things to consider. As part of the tax process, there are multiple potential deductions available to businesses. Many of those...
For many taxpayers, determining residency can be as simple as indicating that you are a legal U.S. citizen. However, for those who are nonresident aliens, the tax implications are...
When it comes filing your tax return, your filing status can make a big difference on the size of your tax liability. Additionally, your tax filing status can even determine if you...
For many small business owners, it can be an overwhelming task to manage their books and all the accounting tasks necessary to run a successful small business. By consulting with a...
For United States citizens who have foreign bank accounts, there are several reporting requirements that come around within the time frame of tax time. These accounts are being aggressively...
Self-employment can be seen as an important part of financial freedom, as well as freedom from the standard 9 to 5 employment. However, the traditional benefits of an employer versus...
Medical costs can get high throughout the year. Staying healthy is not always the easiest thing in the world to accomplish and it can cost a lot of money. But when it comes time for...
When opening a restaurant, you have multiple items on your mind. This can include setting up the equipment, choosing a menu and of course, handling the administration and bookkeeping....