While we all must file our taxes annually, there are plenty of ways to create tax savings throughout the year. Working with your tax professional at James Wells EA MBA Tax Office in...
Posted by James Wells EA MBA Tax Office on 01/21/2016
Forensic auditing is just like forensic criminology. The way forensic experts visualize the crime scene by analyzing bullets and blood, a certified forensic auditor analyses the financial...
Considered as one of America’s greatest crimes, senior financial fraud has left both the elderly and their children worried. A recent survey found that people in America,...
Cash Flow – Making Projections Cash from line items consists of depreciation schedule, working capital schedule or debt schedule. We must complete depreciation and working capital...
It might seem like a no-brainer to define just exactly what profit and loss are. But of course these have definitions like everything else. Profit can be called different things,...
Posted by East Harlem Tax Service on 05/23/2015
The following items are included in income of taxpayer for a taxation year: Alimony or maintenance payments (s. 56(1)(b) and s. 56(1)(e)) Allowances for personal, living, or any...
Foreign Corporations and non-resident aliens who have a U.S source income are subject to U.S Taxation. According to codes section 871 (b) and 882, all Foreign Persons are taxed at...
For international transactions Governments have to decide which person and what income needs to be taxed. The basis for this can be personal relationship and economic relationship. Personal...
Posted by The Accounting and Tax on 10/28/2014