As you hear the word taxes, you want to run away. Dealing with your taxes can often be tiresome and frustrating and you woe the day you have to file your tax returns. Then there are...
Posted by East West Accounting Services LLC on 10/20/2015
Making projections from income statement requires: ü Spending a lot of time. ü Research and understand core of business model. ü Understand Revenue...
Posted by The Accounting and Tax on 07/24/2015
Under the IRS rules, a taxpayer is allowed to deduct expenses related to business use of a home, but only if the space is used “exclusively” on a “regular basis”....
Posted by East Harlem Tax Service on 05/23/2015
All businesses are required to report sales and income over a taxation year. Profits = Sales – Expenses Net Income = Profits – Taxes Categories included in an income...
Posted by The Accounting and Tax on 05/07/2015
Living a good life can be owning a home, owing a business, being debt free, driving a high end car or having a good investment portfolio. These goals are achievable with a strong financial...
Posted by The Accounting and Tax on 03/10/2015
Gross income comes from following categories of income: Interest, Dividends, Personal Services, Rentals, Royalties, Gains from disposition of property. Leasing generates rental income....
Posted by The Accounting and Tax on 03/05/2015
Saving tax dollars is an art. Filing taxes in time can save you from penalties. Making timely tax installments can also save you from penalties. In Canada, personal tax return is...
Posted by The Accounting and Tax on 02/26/2015
Income of a Taxpayer Salary, wages, remunerations, for services and gratuities received by a taxpayer are all considered as income of a taxpayer. These types of incomes are taxable...
Posted by The Accounting and Tax on 02/09/2015
Financial planning should not be difficult. It is basically a plan to save for your retirement, education of your children or buying a house. You should clarify your goals and set...
Posted by The Accounting and Tax on 01/24/2015
