The IRS allows for tax return amending if you did not file correctly in your last tax submission or you made a mistake. Filing your tax return is a mandatory requisite if your earnings...
Posted by Joseph J. Gormley CPA on 04/26/2017
Many students and parents face large tuition bills and loan debts that they fear they will be paying off for many years to come. Fortunately, the federal government recognizes the...
Posted by Maureen Thielen, EA, MST on 04/05/2017
For any new retiree, the biggest challenge is the changeover from accumulating wealth through saving for retirement during your working days, to learning how to spend it in maintaining...
Posted by CROMWELL & ASSOCIATES, LLC on 03/22/2017
Earned income tax credit (EITC) is a subsidy of sorts for people belonging to low-income groups. The tax credit equals a standard percentage of income, right from the first earned...
Posted by Joseph J. Gormley CPA on 03/08/2017
When starting a new business, tracking expenses and income is a key part of the administration of your business affairs. However, it also means that you must choose what type of accounting...
Posted by Richard Holbrook, MBA on 08/27/2016
For many small businesses, the ability to spend large amounts of capital for upgrades or replacing equipment might be limited. Therefore, a business owner might look for capital at...
Posted by M-E Accounting & Tax Services, Inc. on 07/30/2016
6.3.1 Taxation of Investments in U.S Real Property by Canadian Investors6.3.1 (a) - IntroductionThere are many tax and legal considerations that must be weighed before making an investment...
Posted by The Accounting and Tax on 07/28/2016
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...
Posted by The Accounting and Tax on 07/03/2016
When it comes to the information that your small business has access to or stores as part of your normal course of business, there are more security issues to protect that information...
Posted by MVW Services on 06/25/2016
