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...
Do you want to file a request for innocent spouse relief, make use of Form 8857? You will need to send the form by mail alongside stating why you meet all requirements for relief....
Posted by Wright Tax and Accounting Solutions on 01/24/2019
The Federal Insurance Contributions Act (FICA) and the Federal Unemployment Tax Act (FUTA) imposed taxes on employers in Puerto Rico. If you’re an employer, then you’ll...
When a death occurs in the family, there are disputes most of the times. The disputes are regarding the finances of the person who passed away. It gets a huge matter that how to resolve...
Posted by Foudy CPA Group,PC on 05/30/2018
According to IRs, the health savings account limits for 2019 have been issued with having the amounts at huge deductibles. The health plans have been renewed with the having deductibles...
Posted by Foudy CPA Group,PC on 05/30/2018
Financial planning is an integral part of a business organization. In numerous situations, a business needs a financial planner for bookkeeping and documentation. The planner is responsible...
Posted by Foudy CPA Group,PC on 05/18/2018
Without any doubt, tax season is a stressful time for millions of people in the United States. As per the statics of labor bureau, the average household of the United States is paid...
The transfer pricing and tax havens is a complex issue that appeared in the context where different groups of firms present in different countries to perform economic activities. It...
Posted by Foudy CPA Group,PC on 05/16/2018
Unrelated business taxable income (UBTI) defines as an income that is regularly generated by an entity (tax-exempt body) by taxable activities. The income of UBTI is not associated...
Posted by Foudy CPA Group,PC on 05/16/2018