If you have gone into business for yourself in the last year, you might find the upcoming tax season incredibly scary. Not only do you have to worry about filing taxes correctly, you...
Hello, everyone. It’s Joe Gormley, CPA here to offer some more tax advice for you. If you are stressing out on how you’re able to pay your tax debt before April 15th, you’re...
The corporate tax structure is highly complex and complicated. It is also not quite black and white. There are countless grey areas and if you are a startup founder or are even planning...
As a small business owner, many are familiar with the challenges of bookkeeping. Recording all the appropriate expenses, making sure to capture all the income and reconciling each...
Posted by MVW Services on 01/13/2016
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...
People generally try to include as many deductions as possible in their tax return forms so that they have to pay as less as possible. If you have a family member with special needs,...
Posted by Stephen Elmore on 11/30/2015
One of the simplest methods to reduce your corporate taxes is to hire independent contractors. A business does not have to withhold any amounts from payments made to independent contractors...
When it comes to tax season, self-employed individuals often envy their employed relatives and friends, wishing they could mechanically input data in a W-2 form and be done with their...
Posted by ERNIE BUSTAMANTE on 11/18/2015
Top 20 things that you can deduct from your taxes As soon as it is time to file your tax returns, your face changes color and you grumble and mutter to yourself while filling...