Generally, Article VII provides that the business profits of a person resident in one Contracting State should not be taxable in the other Contracting State unless the particular...
Posted by The Accounting and Tax on 08/31/2017
Capital gains tax on the profit made from selling a house can be avoided to some extent based on numerous factors. The timing of sale is crucial. If you time things right, there...
Posted by CROMWELL & ASSOCIATES, LLC on 08/16/2017
One common investment that people get involved in is real estate. Perhaps you have been living in a home you own and decide to upgrade, renting out your existing home. Or maybe you...
Posted by Bottom Line Tax Services, LLC on 08/16/2017
The home sale gain exclusion is one of the most beneficial tax breaks available to homeowners. Anytime you put your home on the market for sale; you could potentially benefit from...
Posted by RONNIE@RLDARDENCPA.COM on 06/24/2017
If you didn't know, you can sell your house, make a profit on it, and not get taxed for the money you make. Not sure how this works? Well, we'll help you understand. Individuals...
Posted by CROMWELL & ASSOCIATES, LLC on 06/07/2017
One common investment that people get involved in is real estate. Perhaps you have been living in a home you own and decide to upgrade, renting out your existing home. Or maybe you...
The impact of capital gains tax on you when you're likely to get divorced hinges on the things you end up doing with the property. Generally, property transfers between divorcing...
Posted by Michael Coleman Tax & Accounting on 03/22/2017
It's common for all taxpayers to view IRS with a bit of suspicion. In fact, rarely will anybody see it in any favorable terms. To refer to the tax body as a friend is stretching...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 03/01/2017
If you didn't know, you can sell your house, make a profit on it, and not get taxed for the money you make. Not sure how this works? Well, we'll help you understand. Individuals...
Posted by Corvino & Verwys Certified Tax Resolution Specialists on 02/22/2017