13.3.1 [a] Taxation of Gains by Non-resident Aliens and Foreign CorporationsThe United States generally imposes a flat 30 percent tax, collected by withholding, on the gross amount...
Posted by The Accounting and Tax on 11/22/2018
If the IRS filed a Notice of Federal Tax Lien against you in the past, the IRS debt may have appeared on your credit report. Although the three major credit bureaus took away tax liens...
Posted by J.R.'S TAX SERVICE on 11/14/2018
The term self-employed for tax purposes refers to having a business for yourself if you are a sole proprietor, a partner in a partnership, a multi-member limited liability company...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 11/14/2018
What is an Independent Contractor?Independent contractor or a freelancer is a person or entity contracted to perform work or provide services to another entity, but not as an employee....
Posted by Duce Taxes & Accounting on 11/14/2018
Employees are now starting to receive bonuses from their employers instead of getting a raises as reported by the Washington Post. The two main reason for this is: first, bonuses are...
Posted by John Pournaras Agency on 11/14/2018
The modified adjusted gross income is used by the IRS to find out whether a private taxpayer is eligible for specific tax deductions. The IRS most importantly use it to determine how...
Posted by rinehimerbaker on 11/14/2018
We all are managing the finances in our personal life. Someone is worried about their studies where the other could be worried about getting married. Everything revolves around money...
Posted by Advantage Tax Service on 11/06/2018
When there is the season of taxes, every businessman is worried about the bank reconciliations as they have to provide the details to IRS. It is huge work to manage when you have to...
Posted by Niner's Accounting & Tax Services, LLC on 11/06/2018
A recent update to income tax withholding for 2018 was announced by the IRS in their IR-2018-5 news released. The Tax Cuts and Jobs Act (TCJA) created changes which led to the updates....
Posted by Flynn Financial Group Inc on 11/05/2018
