If you owe the Internal Revenue Service a large amount of money from previous tax years, and have not answered correspondence or started a payment plan, you may end up with a lien...
Posted by Margaret Tabb on 01/30/2016
If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland. Dividend income is divided into two categories by the IRS,...
Posted by Margaret Tabb on 01/30/2016
Come tax season, your ultimate goal when it comes to filing your return is to maximize your tax savings. There are several ways to this both throughout the year with investment options...
Posted by Cassandra Collins-Patterson on 01/30/2016
It’s not every day that the words “Expatriate Tax” cross your path. Generally speaking, it’s not the most common of tax situations even if you’re a tax preparer. If you already...
Posted by Joseph J. Gormley CPA on 01/30/2016
The first step when it comes to filing your federal tax return is going to be deciding just how you’re going to file. The first major question you’ll need to ask yourself is “Should...
Posted by Shannel Reed on 01/30/2016
For many, filing their tax return leads to a tax refund depending on their status and income. Working with a tax preparer, such as Bhatia & CO, INC, CPAs in Santa Clara, CA, you...
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...
Posted by The Accounting and Tax on 01/28/2016
For many individuals, tax time can be frustrating. Changes to the tax code can often mean that last year’s deductions might not apply anymore or you no longer qualify. Working with...
Posted by AccuraTax LLC on 01/28/2016
