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,...
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
If you have gone into business for yourself in the last year, you might find the upcoming tax season incredibly scary. Not only do you have to worry about filing taxes correctly, you...
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...
In order to report various forms of income or to take advantage of various deductions, the IRS typically requires you as the taxpayer to complete various forms known as tax schedules....
For many investors that buy stocks in corporations, they have often found themselves in receipt of dividends on a quarterly or annual basis. However, there are several different...
No one is born knowing the ins and outs of all the tax write offs available to the average American. This is especially true with all the revisions and opportunities that the IRS makes...
Background:U.S investors in foreign mutual funds could avoid U.S taxes. The fund itself could avoid U.S taxes because it was a foreign corporation that only derived foreign source...