USA will only tax foreign business earnings if it repatriates it to USA through dividends. This policy is known as “deferral”. Deferral creates an opportunity for avoiding...
Posted by The Accounting and Tax on 01/10/2016
There are five general types of business taxes that small businesses must file at the end of the tax year. The business you operate determines which of the following taxes you must...
Posted by East West Accounting Services LLC on 01/06/2016
Estimated tax is the method some employers use to pay income taxes. When paying income taxes, there are two methods allowed by the IRS; the withholding method or, you guessed it,...
Posted by James Wells EA MBA Tax Office on 01/05/2016
One Step at a Time,Every Big Enterprise Starts Small Opening up the business of your choice is not a walk in the park. It is not enough...
The vast majority of individual taxpayers will file the Form 1040 to file their taxes. However, there are many other types of forms. The one that works best for you and your...
Posted by ERNIE BUSTAMANTE on 01/05/2016
If your sole proprietorship or contract work business is booming and you can barely keep up, it may be time to hire your own employees. Once your business decides to hire its own...
Posted by ERNIE BUSTAMANTE on 01/05/2016
Want to reduce your tax burden? Learn what the term ‘dependents’ mean as defined by the IRS. You will be happy to know that you can save up to $4,000 income tax for...
Posted by Financial Balance LLC on 01/04/2016
If you are talking about tax deductions, the richer you are, the better it is for you. The middle class people of America have some tax breaks in their kitty like those of wealthy...
Posted by BHATIA & CO, INC, CPAs on 01/04/2016
Issue Number: IRS Security Awareness Tax Tip Number 5 Inside This Issue Talk to Your Family about Security Online and at Home For families with children...
Posted by Michael Poretsky on 12/23/2015