Fees paid to attorneys, accountants, and other independent professionals or contractors can be deducted as "necessary and ordinary" business expenses. This comprises system analysts,...
Posted by RONNIE@RLDARDENCPA.COM on 05/09/2017
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
When a small business contractor prepares to take on a larger project, they must be able to provide surety bonds that will essentially pay if the job is not completed properly and...
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
5.2.2[a] Article V(1) – Definition of Permanent EstablishmentArticle V (1) provides a general concept of the notion of “permanent establishment” for the purposes of the Treaty.For...
When it comes to caring for routine tasks around the home, many individuals use hired help. Depending on how they hire that help, they may suddenly have a household employee. For many...
Taxes can be a confusing topic. There are just so many things that you will need to claim on your taxes and this can make things a bit confusing. When you work just a regular job and...
For those taxpayers that may have not filed their previous tax returns in a timely fashion, it may seem intimidating to go through the process of filing those delinquent returns. However,...
The administrative aspects of bookkeeping can be time-consuming, but they also be an area where mistakes can be made that can have tax implications for your business. Therefore, it...