IDIT (Intentionally Defective Irrevocable Trust), is an effective estate management tool that is sanctioned by Internal Revenue Service. Through this tool, the IRS allows individuals...
Posted by Esther N. Phahla, CPA, A Professional Corporation on 10/26/2018
13.2.1 Canadian Taxation of Gains of Non-ResidentsCanada does not impose tax on gains from the disposition of property by a non-resident other than the disposition of taxable Canadian...
Posted by The Accounting and Tax on 10/22/2018
Handling your own finances may be the most common to most of us but the reality is, it's becoming hard to make a budget these days, pay taxes or even invest money for retirement....
Posted by Duce Taxes & Accounting on 08/30/2018
Wills are a primary tool in Canada to govern your estate affairs.In U.S. living trusts are common because they are “flow through” entities taxed at your personal rates....
Posted by The Accounting and Tax on 08/14/2018
During an audit season, not-for-profit financial statement mistakes may cost you. The auditors will feel similar to medical professionals for not-for-profit financial statements. They...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 08/13/2018
When you are in the process of consolidated returns, you have to make sure that there is no mistake in it. If you need help regarding the consolidated returns then you can always refer...
Posted by Tax Solutions & Accounting Services on 07/31/2018
Consolidated returns are corporate tax return of affiliated groups. These groups elect to report their tax liability of a return. A consolidated income tax return syndicates the responsibility...
Posted by ALJ Business Services,LLC on 07/30/2018
As the income tax system of United States of America is a progressive one. So, a high-income level generally means a high tax rate. Luckily, there is Internal Revenue Code that consists...
A person who wishes to buy a house always look for a great deal. They wish to get something good in low price but then the reality hits. It is always bitter in reality that you have...
Posted by Abundant Returns Tax Service on 06/18/2018
