If you are a foreigner (not a US citizen), you are considered a non-resident alien if you do not pass one of the two exams. You are a foreign resident of the United States for tax...
Posted by Global Accounting on 04/09/2019
Traders or merchants who qualify for the trader's tax status (TTS) as a sole proprietorship, S-Corp or partnership (including hedge funds), wonder if they should use the tax treatment...
Posted by John Pournaras Agency on 04/09/2019
A C Corps is a business term used to distinguish one type of entity from the other because its profits are taxed separately from its owners under Subchapter C of the Internal Revenue...
Posted by rinehimerbaker on 02/28/2019
Retirement is the withdrawal of your position or employment or active working life. A person can also retire by reducing working hoursWhat To Do In RetirementRetirement can be an interesting...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 02/27/2019
The word corporation as a lot of people know it or rather think it is, is mainly used when people are referring to big business corporations. People think corporation is a term...
Posted by John Pournaras Agency on 02/19/2019
Employers withhold the contributions on Social Security and Medicare from the paychecks of their employees. Sometimes, they also withhold earnings tax. These withholdings are known...
Posted by Wright Tax and Accounting Solutions on 01/27/2019
Article XIII generally deals with the taxation of capital gains realized by residents of Canada or the U.S. that may be also taxed in the other State. The general rule dealing...
Posted by The Accounting and Tax on 10/06/2018
11.3.2[a] Article XI(1) – Residence – based Jurisdiction to TaxParagraph 1 of the Article preserves the right of a Contracting State to tax income earned by its residents,...
Posted by The Accounting and Tax on 06/25/2018
After the Equifax breach, your customers, clients, and employees may be coming to you with questions. Some people are considering placing a fraud alert on their credit file. Others...
Posted by Emelia Mensa CPA on 12/13/2017
