Tax bills can increase the stress of any taxpayer because higher bills can decrease your savings. Everyone dreams to get a tax refund from IRS, but it is not always possible. There...
Posted by Niner's Accounting & Tax Services, LLC on 05/16/2018
Your location can hinder or help your ability to meet your necessities. A state with many taxes like excise and estate taxes on gasoline, inheritance, property, local and state sales,...
The new U.S. tax law is surprisingly unpopular as almost every household will pay less in tax. And over time the corporate tax reforms will lead to more capital accumulation, higher...
Posted by Jakusovas & Company on 03/08/2018
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
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
Taxes will always be a headache. No matter how familiar you are with the tax laws you will never really be up for Caesar's gnawing demands. The Brian Walsh in Mahwah NJ, we know how...
The US tax system is setup on both the federal and the state level. There are several taxes which citizens must file. These taxes include: income tax, capital gains and sales tax....
Posted by East West Accounting Services LLC on 01/05/2016
Code Section 7701 (a)(30) U.S citizens are U.S Persons and Citizens of foreign countries are U.S Persons who meet either of the following two tests: Green Card test Substantial...
Code Section 901: According to this code section if a U.S Citizen, a resident alien or a domestic corporation pays foreign income taxes it can claim credit for it when filing...