IntroductionThis article of the treaty talks about following points:1 – The business profits of a resident of a Contracting State shall be taxable only in the State unless the...
Posted by The Accounting and Tax on 08/31/2017
Tax debts are no fun. They can accumulate for a myriad of reasons ranging from ignorance concerning what should be done when filing taxes, to completely unfiled tax returns. Of course,...
Posted by Advantage Tax Service on 08/30/2017
Most people only think about their tax preparation when they want to file their tax return. The smart thing to do would be to get an education on the tax system and understand tax...
Posted by Bottom Line Tax Services, LLC on 08/30/2017
About one-quarter of all U.S. families who take care of aging parents spend more than $10,000 per year doing so. In addition, at least 4 out of 10 families who care for elderly parents...
Posted by Advantage Tax Service on 08/23/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Advantage Tax Service on 08/16/2017
Owing the government taxes is a situation every taxpayer dreads. The Internal Revenue Service (IRS) can be intimidating as it can subject you to wage garnishment, seize your properties...
Posted by Advantage Tax Service on 08/09/2017
A real estate gain is arguably the best tax break an average person can avail. In most scenarios, there is not much to worry about taxes, unless selling the house would result in...
Posted by Bottom Line Tax Services, LLC on 08/09/2017
Some people call it "cost basis" and some people call it "tax basis"...whatever you call it, figuring it out does not have to be rocket science. (Unless you are into that kind of...
Posted by Advantage Tax Service on 08/02/2017
As they say, there are only two things certain in life, death and taxes. Unfortunately, the saying is true. Even if you have unfiled tax returns, the IRS is going to want their money...
Posted by Bottom Line Tax Services, LLC on 08/02/2017