Articles - Page 74

Hello everyone! This is Donna from Donna J. Jackson & Associates, PLLC. It seems that topic on everyone’s minds these days: how can I get more tax savings? I think we can all...

Income Tax Exemptions

While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...

Foreign Currency Translations and Transactions

Currency translation issues:Foreign branches and subsidiaries keep their books and records in the currency of host country.Parent companies in USA are required to compute their taxable...

Wealthy Living for Me_Non-Filed Tax Return- Penalties And Options

April 16, 17, 18…and you have not filed your tax return. Clearly you have passed the annual deadline for filing your federal income tax return and pay the taxes you owe. By law,...

NORTH CAROLINA INCOME TAXES

North Carolina income  taxes differ slightly from the income taxes of the surrounding states.  For instance, North Carolina used to allow taxpayers to take all the itemized...

Understanding the IRS Tax Levies

For those people who do not receive a tax refund, but actually owe the IRS money, the idea of a tax levy being placed on them can be crippling. If you believe that this may happen...

Tax Deductions for the State of California

Many of us know that taxes vary from state to state and the deductions for each state vary as well. Not only does the state account for the cost of living, but it also accounts for...

Income Tax Breaks

If there’s one that resident in the Portland metropolitan area can agree on, it is that income taxes are extremely high. Despite the lucrative minimum wages relative to the rest...

IRS Guideline Basics

If you want to understand the workings of taxation in the US better and how the relevant authorities play out the whole procedure using the IRS guideline basics, contact the accountants...