All tax preparers who call themselves tax professionals should be asking you all the right questions to have every reasonable tax deduction taken for you. Taxes should not be treated...
The year 2014 is soon coming to an end. That means tax time is around the corner. End of the year tax tips are always greatly appreciated, especially ones that can help...
Ref Code Section 871 (b) and 882:
According to these code sections if a foreign person is engaged in a U.S trade or business, he is subject to U.S taxes for any income that is connected...
Code Section 901:
According to this code section if a U.S Citizen, a resident alien or a domestic corporation pays foreign income taxes it can claim credit for it when filing...
For international transactions Governments have to decide which person and what income needs to be taxed. The basis for this can be personal relationship and economic relationship.
Personal...