Everyone wants to reduce their taxes and their taxable income, especially retirees and those who are living on a fixed income. They want to lower their tax liability more than anyone...
Paying taxes is a burden that everyone has to bear but the Internal Revenue Service does have a few tax breaks and deductions that help ease your tax burden. Also, taxes are different...
During your working career, you are mostly worried about the current expenses you and your family have to bear. Life is fast-paced these days and a majority of people seem content...
How Getting Married Can Impact Your Taxes
Whether you plan to get married or you recently got married, you may be wondering just how this big step is going to affect you and your...
Having a Baby? Keep Your Eye on These Tax Deductions
Let’s face it. Having a baby is expensive, especially if it’s your first. As you prepare to welcome a newborn into...
Ref Code Section 871 (b) and 882:
According to these code sections if a foreign person is engaged in a U.S trade or business, he is subject to U.S taxes for any income that is connected...