Owning your home can be a big deal. This is your own personal space that you can live in, love in, and laugh in. But what happens when you need to sell your home? Whether you are choosing...
Tax season is soon approaching and people are starting to scramble around. As soon as you get all of your W2’s and other forms in the mail, you will be able to get started on that...
The subject of tax is not the most pleasant for many. Though it is what some people live by. Yes, the tax preparer downtown, the CPAs around town and every other tax professional you...
If you received dividend income for 2015, you will need to report this income to the IRS and to the State of Maryland. Dividend income is divided into two categories by the IRS,...
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
Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...
Posted by The Accounting and Tax on 01/27/2016
What Is The ILIT? The ILIT is short form for Irrevocable Life Insurance Trust. As its name implies, once constructed this trust fund is not revocable, nor may you...
Running a small business is hard work. We here at Donna J. Jackson & Associates, PLLC understand that small business owners don’t have as much free time as they’d...
Hello, everyone! AtBTL & Company, P C, Tax & Accounting,we help clients every day to save money on their taxes and get the most out of their tax returns.If you’re wondering...