The modified adjusted gross income is used by the IRS to find out whether a private taxpayer is eligible for specific tax deductions. The IRS most importantly use it to determine how...
Posted by rinehimerbaker on 11/14/2018
The members of the armed forces and their families face many challenges and that include filing taxes with the IRS. American military personnel, whether on active duty or reserve service,...
Posted by Advantage Tax Service on 11/14/2018
A recent update to income tax withholding for 2018 was announced by the IRS in their IR-2018-5 news released. The Tax Cuts and Jobs Act (TCJA) created changes which led to the updates....
Posted by Flynn Financial Group Inc on 11/05/2018
Before going deeper in to the nature of The opportunity Zone programs, let us first see what an opportunity zone is in the first place. As it names implies, the opportunity zone is...
Posted by rinehimerbaker on 10/26/2018
13.2.1 Canadian Taxation of Gains of Non-ResidentsCanada does not impose tax on gains from the disposition of property by a non-resident other than the disposition of taxable Canadian...
Posted by The Accounting and Tax on 10/22/2018
Article XIII generally deals with the taxation of capital gains realized by residents of Canada or the U.S. that may be also taxed in the other State. The general rule dealing...
Posted by The Accounting and Tax on 10/06/2018
A brand new deduction has been established by The Tax Cuts and Jobs Act for pass-through business owners. They will be able to take advantage of up to 20% deduction of their net business...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/30/2018
The term “flat tax” is defined as an income system wherein all taxpayers pays the same tax rate regardless of their earned income. A flat tax is typically applied to everyone...
Posted by John Pournaras Agency on 08/01/2018
When every year the tax time is near, many people approach to discuss their tax situations. Some people have financial advisors while some do not. Tax strategy and tax planning/tax...
Posted by Niner's Accounting & Tax Services, LLC on 07/16/2018
