4.5.2 [a] New Tie-Breaker RuleIf a particular company is a resident of both Canada and the United States, the language of new Article IV(3)[a] provides that where a company...
Throughout the year, many of us contribute to various charities, providing our time, money and various goods to assist the charity in their mission. By tracking these donations and...
When it comes to getting your taxes prepared, it is important to get it done the right way. You want to make sure that you are putting in all the right information and you aren’t...
Description: learn how to save money on your business assets with section 179.The IRS has recently changed the way that business owners are able to deduct their expenses. Learning...
Posted by Shabnam Merali on 03/19/2016
For many business owners, equipment purchases are necessary to replace outdated equipment but to also expand their business’ capabilities during periods of growth. However, when...
Of all the forms involved in filing your tax return, tax form 1040 might just be one of the most important. This form is one of a few that helps you file your annual federal taxes,...
It’s not every day that the words “Expatriate Tax” cross your path. Generally speaking, it’s not the most common of tax situations even if you’re a tax preparer. If you already...
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
If you have gone into business for yourself in the last year, you might find the upcoming tax season incredibly scary. Not only do you have to worry about filing taxes correctly, you...