While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...
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...
Posted by Book 2 Tax on 01/26/2016
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...
Posted by Book 2 Tax on 01/26/2016
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...
Posted by Cassandra Collins-Patterson on 01/26/2016
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
Posted by Cassandra Collins-Patterson on 01/26/2016
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...
Posted by Larry Gurewitz on 01/26/2016
Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...
Posted by Larry Gurewitz on 01/26/2016
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...
Posted by Joseph J. Gormley CPA on 01/26/2016
