Articles - Page 5

Employee Stock Ownership Plan (ESOP): Is it good for your business?

To find out whether or not ESOP is good for you, you have to first understand what it’s really all about. An Employee Stock Ownership Plan also called an ESOP is a program for...

Ideas to Get the Advantage of Health Savings Accounts

The health savings accounts are available for taxpayers in the USA after enrollment in HDHP (high-deductible (for tax purpose) health plan). There are numerous benefits of these accounts,...

Interesting Aspect to Cover About Restricted Expenditures

With the complete understanding of economic statistics at the form whether or not business company or person. In case you are married, then you definitely without a doubt have monthly...

What You Should Know About Executive Bonus Plans

In the business world, the most important resources are manpower. Human resources procurement is becoming strict, meticulous and specific. Companies did not just compete is sales but...

Executive Bonus Plans

Ideally, every company agrees that their company’s most valuable asset is its people, particularly key executives that they depend on to keep the business running smoothly. These...

Limitations on Business Interest Expense

The introduction of Tax Cuts and Jobs Act signed by the President brings about many tax breaks for the businesses. However, while there are plenty of breaks, there are also some areas...

5.3 Explanation & Interpretation of Article V under U.S. Law (Canada U.S. Tax Treaty)

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...

5.2.2 Canadian Interpretation of the Canada U.S. Tax Treaty

5.2.2[a] Article V(1) – Definition of Permanent EstablishmentArticle V (1) provides a general concept of the notion of “permanent establishment” for the purposes of the Treaty.For...

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...