Improving offshore compliance has been a top priority of the Internal Revenue Service (IRS) for some time now. Because of this, people's ability to avoid detection is almost impossible,...
Posted by Omni Fidelity Associates on 02/08/2018
Consisting of all the deductions to your income that come before your adjusted gross income (AGI), a standard is a set dollar amount that you can use to claim tax deduction without...
Posted by Flynn Financial Group Inc on 01/19/2018
When struggling with the filing personal taxes at the end of the year, we all find ourselves asking the same question: Should I itemize my return or opt for the standard deduction?...
Posted by ALJ Business Services,LLC on 01/18/2018
It's well worth taking advantage of the several tax benefits and deductions that are available if you have just bought a new home. These deductions can help to offset the high...
Posted by David Yeomans Accounting Service, Inc. on 01/11/2018
For small businesses in the U.S., tax preparation is an essential part of maintaining a profitable bottom line. There is absolutely no reason that a company should pay more in taxes...
Posted by Flynn Financial Group Inc on 12/29/2017
We all know the two things that you can't escape in life: death and taxes. But while you can't avoid them, you can find deductions on your taxes to reduce the amount you...
Posted by ALJ Business Services,LLC on 12/29/2017
Making charitable donations is one way to reduce taxes. Donations can be used as tax deductions for taxpayers who choose to itemize deductions instead of taking the standard deduction....
Posted by Lone Star Tax Group on 12/20/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by Bottom Line Tax Services, LLC on 09/20/2017
7.2.2 [a] Article Vii[1]Business Profits – Taxation of Profits Attributable to a permanent EstablishmentBusiness profits of a U.S. resident carrying on a business in Canada are...
Posted by The Accounting and Tax on 08/31/2017