Caring for an aging or infirm parent can be financially taxing. According to Caring. com, a Bankrate company, more than 40 percent of family caregivers spend at least $5,000 a year...
Posted by Bottom Line Tax Services, LLC on 05/10/2017
As our parent age, we continue to receive so much support from them, just as we received as children. Although the financial support is not something that most elderly parents can...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 05/10/2017
If you've been handing out dollars left and right to pay for school, you may have some benefit on your taxes this season. The IRS has a few education tax credits for parents or students...
Posted by CROMWELL & ASSOCIATES, LLC on 04/26/2017
Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Maureen Thielen, EA, MST on 04/05/2017
If you're looking to save money with your small business, there are quite a few tax deductions that you can benefit from. However, the ways you can save some cash is not as apparent...
Posted by RONNIE@RLDARDENCPA.COM on 03/15/2017
When it comes to saving for the future of a disabled child or family member, family can often be limited in their options. However, the government has created a savings account that...
Posted by Richard Holbrook, MBA on 08/27/2016
5.3.1[a] U.S. Taxation of Foreign PersonsThe U.S. tax treatment of foreign persons and foreign-related transactions depends primarily on three criteria:1 – Whether the income earned...
Posted by The Accounting and Tax on 07/03/2016
5.2.1[a] Taxation of Income of Non-Residents GenerallyA non-resident person is subject to Part I tax in Canada if the non-resident, at any time in a taxation year,1 – Was employed...
Posted by The Accounting and Tax on 06/21/2016
4.3.1 (a) Residence of IndividualsUnder U.S domestic tax law, all individuals are subject to U.S tax, unless specifically exempted.U.S citizens are subject to U.S. tax on a worldwide...
Posted by The Accounting and Tax on 06/09/2016
