For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
For many years, Johnson, Johnson & Associates, Inc in Yeadon, PA has been harvesting tax losses was almost exclusive to the wealthy. You couldn’t hear too many locals talking...
Millions of taxpayers have overpaid their taxes throughout the years. Many of these same taxpayers are unaware of these deductions, so it is important to work with your tax preparer...
Posted by James Wells EA MBA Tax Office on 01/21/2016
USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
General Income: It includes all income other than passive income. It includes most of the foreign source active business profits of domestic corporations and their foreign subsidiaries. Passive...
Tax season sends everyone into a frenzy and people who are often quite adept at their filing their taxes also are caught in the madness and end up making mistakes. This is often...
Tax returns can be quite a task if you are not aware of what all deductions you can include and how to itemize them. But the Internal Revenue Service website contains all the information...
US tax rules and regulations keep getting complicated every year. Successive governments introduce new rules based on the party’s platform and every year there are modifications...
Posted by Asharp Bookkeeper on 11/20/2015
During your working career, you are mostly worried about the current expenses you and your family have to bear. Life is fast-paced these days and a majority of people seem content...
Posted by Asharp Bookkeeper on 11/20/2015