After the Equifax breach, your customers, clients, and employees may be coming to you with questions. Some people are considering placing a fraud alert on their credit file. Others...
Posted by Emelia Mensa CPA on 12/13/2017
The end of the year is fast approaching and now is the time to start your tax planning. The good news is that no major tax law changes took place this year. However, taxpayers may...
Posted by Noel Lorenzana, CPA on 11/24/2017
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
The tax return amendment process essentially entails two components. First, you would have to come up with a fresh tax return. Make use of Form 1040 and extra schedules, if any. Second,...
Posted by CROMWELL & ASSOCIATES, LLC on 07/26/2017
The IRS will rarely audit your individual tax reports unless they notice discrepancies in the filed reports. As of 2016, only 0.70% of individual tax returns were audited by the IRS. Therefore,...
Posted by Bottom Line Tax Services, LLC on 07/12/2017
Audits and IRS bills and headaches...oh my. Tax prep can leave you feeling like you aren't exactly in Kansas anymore. Avoid getting targeted by the IRS and those pesky flying...
Posted by Bottom Line Tax Services, LLC on 04/12/2017
The Internal Revenue Service (IRS) has recently intensified its focus on payroll tax crimes. Led by its watchdog, the Treasury Inspector General for Tax, the IRS released a report...
Posted by Joseph J. Gormley CPA on 03/28/2017
When it's time to start disposing of your investments, understanding the rules is critical. The IRS requires you to accurately report the sale of any of your assets. Your tax basis...
Posted by Advantage Tax Service on 03/15/2017
When you sell stocks, bonds, precious metals or other investments, it is crucial to know the tax basis of each asset. You will need this number to determine how much income or loss...
Posted by Michael Coleman Tax & Accounting on 03/15/2017
