The Income Tax Service has classified the income of Indian citizens into five different categories, depending on their source of income. These categories mainly include homeownership,...
Posted by Tim Thompson CPA PLLC on 09/18/2020
An overview of spousal liability concerns in the world of income tax.To be able to understand this concept better, we will create a scenario where we have imaginary characters. "For...
Posted by Flynn Financial Group Inc on 09/02/2020
Most experts suggest that you undergo a regular financial examination every year or after a major life event (such as getting married or a divorce). It is important to follow a system...
Posted by Carmen Garcia on 07/16/2020
An ETF (exchange-traded fund), is a negotiable instrument that tracks an index of stocks, commodities, bonds or a basket of assets. Although they are similar in many respects, ETFs...
Posted by Debi G Hill, CPA on 08/26/2019
On July 1, 2019, the Congress and the President passed the expansion and strengthening of taxpayers’ rights and the focus on cyber security and protection from identity theft...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/23/2019
People who trade for a living rather than as a hobby are called professional day traders and they are well-established in the field. In-depth knowledge in the market is what they possess...
Posted by Flynn Financial Group Inc on 06/04/2019
If you are sitting on at least $1,000 and it is tching your pocket, consider investing instead of spending something frivolous. But the question we ask is: can you make money quickly...
Posted by Roland Zita, CPA on 05/30/2019
Are you thinking of making a significant donation to a charity when you exit this world? Life insurance is a resourceful planning technique that can offer additional benefits now or...
Posted by rinehimerbaker on 04/09/2019
It's a myth that if you are a US citizen residing in abroad, you are not subject to the US taxation laws and regulations laid down by the Internal Revenue Service. As a matter...
Posted by rinehimerbaker on 01/12/2019
