During tax season, individual tax payers are often looking for ways to legally reduce their tax burden. Throughout the pages of IRS regulations, there are a myriad of available deductions...
Posted by AccuraTax LLC on 01/28/2016
Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...
Posted by The Accounting and Tax on 01/27/2016
Hello everyone, this is Book 2 Tax here explain how to minimize your income tax losses this year. Virtually no one wants to be subject to more taxes, but do you understand the...
Life is always in a state of flux. People get married and divorced daily, children are born and other family members become dependent on us as we seek to take care for them. There’s...
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
Hey everyone, Joe Gormley, CPA here to answer your tax questions. Do you live near Rutgers? Are you a fan of the Scarlet Knights? Even if you’re a fan of other great colleges, we...
Your tax responsibility this year can cause a lot of financial stress that may put elements of your life in jeopardy. No one wants to fall behind on their payments or have their property...