Receiving a 1099 is not a joyous occasion and if you were not expecting one, then you may not be tickled to see it in the mail. A 1099 means that you owe taxes on income you have received....
Posted by Asharp Bookkeeper on 10/30/2015
Tax planning is a necessary evil in the modern era. Prior to filing tax returns in April 2016, you must know about the important income tax deductions that will assist you in efficient...
Posted by Asharp Bookkeeper on 10/30/2015
Rental income An owner of a rental property is eligible for tax deduction from the earnings of gross rent provided the owner makes the following expenses in the current fiscal year....
Posted by ERNIE BUSTAMANTE on 10/30/2015
While it is always a nice idea to file for extensions immediately, there can also be times when you may require some more time. Perhaps you moved and you did not get time to organize...
Posted by ERNIE BUSTAMANTE on 10/30/2015
A forensic accountant is nothing short of a detective, as he or she solves white-collar crimes in companies. These sleuths use their knowledge of the financial world to solve cases...
Having a Baby? Keep Your Eye on These Tax Deductions Let’s face it. Having a baby is expensive, especially if it’s your first. As you prepare to welcome a newborn into...
Posted by Financial Balance LLC on 10/30/2015
Bases for asserting jurisdictions Who to tax? What income to tax? Personal relationship between a taxpayer and the country This concept also applies to corporations and other type...
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...
Making projections from income statement requires: ü Spending a lot of time. ü Research and understand core of business model. ü Understand Revenue...