For most investors, and even certain tax accountants, sorting through the multifaceted IRS rules on investment taxes can undoubtedly be a nightmare. Drawbacks abound, and the consequences...
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
While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...
Posted by AccuraTax LLC on 01/28/2016
April 16, 17, 18…and you have not filed your tax return. Clearly you have passed the annual deadline for filing your federal income tax return and pay the taxes you owe. By law,...
North Carolina income taxes differ slightly from the income taxes of the surrounding states. For instance, North Carolina used to allow taxpayers to take all the itemized...
For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
If you’re looking to save money this tax season, itemizing deductions claimed on your taxes can the way to go. One problem that we see often is that because there’s often SO many...
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...