Americans dread an IRS audit because individuals charged with tax fraud charges could be fined up to $250,000 ($500,000 for corporations), end up in jail for up to five years, or be...
Posted by Maureen Thielen, EA, MST on 05/17/2017
Small businesses carry a large burden through the year - especially when they are trying to get their company off the ground. Let's face it...staying afloat can be tough, especially...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 03/28/2017
You probably know of several businesses whose formal names end with the acronym LLC. And you probably also know that LLC stands for limited liability company. Here are ten things you...
Posted by Vilensky & Company on 10/24/2016
When starting a new business, tracking expenses and income is a key part of the administration of your business affairs. However, it also means that you must choose what type of accounting...
Posted by Richard Holbrook, MBA on 08/27/2016
Running a new business can be one of the most exciting parts of your life. You are taking your life into your own hands and deciding to do something that you love, rather than working...
Posted by Margaret Tabb on 08/27/2016
For many small business owners, it is important to know what type of taxes you are responsible for early in the process of creating your business. At the same time, many small business...
Posted by M-E Accounting & Tax Services, Inc. on 07/30/2016
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
6.1 IntroductionArticle VI (Income from Real Property) affirms the jurisdictional powers of the source State to impose its income tax on income derived by the resident of the residence...
Posted by The Accounting and Tax on 07/19/2016
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
Posted by The Accounting and Tax on 07/03/2016
