The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
Little can be compared to the pressure that typically comes at around that April deadline when you begin to think more seriously about your relationship with the Internal Revenue Service-...
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
Rules for determination of amount, timing, character and source of foreign currency gains and loss are present in code section 988. Following transactions are included in code section...
Posted by The Accounting and Tax on 01/28/2016
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 want to understand the workings of taxation in the US better and how the relevant authorities play out the whole procedure using the IRS guideline basics, contact the accountants...
Budgeting and managing your money can be stressful, especially if you are running a business and not that great with numbers. Watching your cash flow, monitoring the movement of your...
AccountantIt is evident that the stock market has rallied immensely over the past four or so years, leaving several investors with very large capital gains and even some large positions...
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...