January 2018Tax Reform Provides New 20% DeductionThe new 2018 Section 199A tax deduction that you can claim on your IRS Form 1040 is a big deal. There are many rules (all new, of course),...
Posted by Riesenbeck Financial Group Inc. on 01/20/2018
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
For many small businesses, sales tax is part of the reality of doing business. Depending on the state, you may be required to make a monthly or quarterly payment of your sales tax....
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
Moving can be stressful, but the sale of your home can also mean that you have to deal with the tax implications from your profits. This is because any profits are subject to income...
Retirement may seem years or even decades away. Yet by planning and saving now, you can enjoy a relatively stress free retirement. Additionally, by starting to contribute to your retirement...
The artistic community, particularly musicians, still have the same tax liabilities as any self-employed individual. However, they also have some unique deductions that are special...