Doing your own taxes can be fun, if you like the challenge, but for people who do not have the time or the patience to tackle such a challenge, hiring the services of a tax professional...
Posted by Donna J. Jackson & Associates, PLLC on 01/05/2016
With an April 15 tax deadline, last minute filers and even those individuals and businesses who begin to prepare their tax forms at the beginning of the season will find that they...
Every year, your Brooklyn tax preparer requires certain information to do your taxes. Without this information, he or she cannot prepare an accurate return. It could also cause...
Posted by ERNIE BUSTAMANTE on 01/05/2016
Paying taxes is a burden everyone has to bear but the Internal Revenue Service provides taxpayers some relief in the form of its deductions and credits. Most often, people are...
Tax season sends everyone into a frenzy. In the hustle bustle of our daily lives, we often forget about the taxes we have to pay until the return forms are handed over to us. From...
General Income: It includes all income other than passive income. It includes most of the foreign source active business profits of domestic corporations and their foreign subsidiaries. Passive...
The United States restricts the credit to foreign income taxes that duplicate the U.S income tax against which the credit is taken. Under code section 901, a foreign levy must...
A taxpayer has various options when it comes to filing his or her income tax returns. If you earn a modest income, do not own a house, work for someone else, or supervise plenty of...
Donating is popular throughout the United States and many people give to their favorite organizations throughout the holidays and year as well. If you enjoy the gift of giving and...