Proposals to introduce a wealth tax into the US Internal Revenue Code have been emphasized by some Democratic candidates such as Bernie Sanders, Tom Steyer, and Elizabeth Warren especially...
Posted by Debi G Hill, CPA on 12/28/2019
What is the harvesting of tax losses?The tax-loss harvesting can be said to be the act of selling a security that has experienced loss. By observing or "harvesting" a loss,...
Posted by John Pournaras Agency on 11/13/2019
Tax laws are passed by Congress, tax revenues are then collected by the Treasury Department, and the reporting and collection process is done by the International Revenue Service (IRS)....
Posted by Flynn Financial Group Inc on 08/23/2019
As per research and entrepreneurial statistics, Canada is the perfect place to start a business. The low cost of living as well as the enormous government support that the natives...
Posted by The Accounting and Tax on 08/09/2019
As per research and entrepreneurial statistics, Canada is the perfect place to start a business. The low cost of living as well as the enormous government support that the natives...
Posted by The Accounting and Tax on 07/18/2019
A lot of people have always dreaded tax fillings and everything that has to do with tax, but when the new tax cuts and jobs act otherwise known as TCJA was eventually passed into law,...
Posted by Debi G Hill, CPA on 05/29/2019
Tax consultants in Toronto and other Canadian cities follow a dual rate system for corporate income tax. If a business’ corporate income falls below a certain level, it pays...
Posted by The Accounting and Tax on 05/27/2019
Feeling helpless while trying to manage your taxes is not something to be bothered with. You’re not the only one who goes through these problems, and there are several tax consultants...
Posted by The Accounting and Tax on 05/27/2019
You can be a freelancer, a self-employed worker or even a small business owner; but, when you’re in Canada, the Canadian Revenue Agency (CRA) will always handle your income tax...
Posted by The Accounting and Tax on 05/26/2019