4.5.2 [a] New Tie-Breaker RuleIf a particular company is a resident of both Canada and the United States, the language of new Article IV(3)[a] provides that where a company...
Posted by The Accounting and Tax on 06/09/2016
If you were a student over the past year at college, you may be wondering if you have to file a tax return or if you can simply be claimed as your parents’ dependent. Working with...
Posted by ERNIE BUSTAMANTE on 04/25/2016
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
The administrative aspects of bookkeeping can be time-consuming, but they also be an area where mistakes can be made that can have tax implications for your business. Therefore, it...
Posted by BTL & Company, P C, Tax & Accounting on 03/27/2016
When it comes to choosing the type of set up for your business, there are pros and cons to a limited liability company and a partnership. However, an S corporation or S corp can provide...
Posted by Shabnam Merali on 03/27/2016
Throughout the year, many of us contribute to various charities, providing our time, money and various goods to assist the charity in their mission. By tracking these donations and...
Posted by Johnson, Johnson & Associates, Inc. on 03/26/2016
Preparing your own tax return can be a confusing and frustrating task, especially as you move into a higher income bracket or have multiple deductions, credits and capital gains or...
Posted by Kenneth M Perkins CPA/PFS on 03/23/2016
The earned income credit is a great choice that you can make to save some money during tax time. But not every tax payer is going to be able to qualify for this deduction when they...
Posted by 1-2-3 Financial Services, Inc. on 03/19/2016
Investing in rental properties can be a significant income stream or provide an income supplement. However, this investment also comes with potential tax implications. Working with...
Posted by 1-2-3 Financial Services, Inc. on 03/19/2016
